Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Weighted Average Assumptions for Options Granted

The Company used the following weighted average assumptions for options granted during the nine months ended September 30, 2023:

Weighted Average:	Nine Months Ended September 30, 2023
Expected term	6.2 years
Expected volatility	75.4	%
Risk-free rate	3.6	%
Expected dividends	—	%

Schedule of Service Based Stock Options Activity

The following table summarizes activity of service period-based stock options during the nine months ended September 30, 2023:

		Weighted Average
(In thousands except per share data and remaining contractual term)	Number of Options	Exercise Price		Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding at December 31, 2022	9,397	$	4.21	6.2	$	44
Options Granted	2,650	1.79
Options Exercised	—	—			—
Options Forfeited	(1,171)	3.98
Outstanding at September 30, 2023	10,876	$	3.64	6.1	$	3	*
Exercisable at September 30, 2023	7,507	$	4.32	4.6	$	1	*

*The aggregate intrinsic values in the table above are based on the Company’s stock price of $1.46, which is the closing price of the Company’s stock on the last day of business for the period ended September 30, 2023.

Summary of Activity of Restricted Stock Units and Restricted Stock Awards

The following table summarizes activity of RSUs during the nine months ended September 30, 2023:

(In thousands except per share fair value)	Number of RSUs	Weighted Average Fair Value
Unvested shares at December 31, 2022	650	$	2.77
Granted	429	1.81
Vested	(327)	2.83
Forfeited	(75)	2.35
Unvested shares at September 30, 2023	677	$	2.18
Expected to vest at September 30, 2023	677	$	2.18

The following table summarizes activity of restricted stock awards during the periods indicated:

(In thousands except per share fair value)	Number of Awards	Weighted Average Fair Value
Unvested shares at December 31, 2022	183	$	3.25
Granted	—	—
Vested	(16)	$	4.23
Forfeited	—	—
Unvested shares at September 30, 2023	167	$	3.15
Expected to vest as of September 30, 2023	167	$	3.15

Schedule of Share-Based Compensation

Total share-based compensation expense was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2023		2022		2023		2022
Share-based compensation expense
Cost of sales	$	87	$	73	$	253	$	203
Sales and marketing	180		414		879		1,134
Research and development	247		252		746		730
General and administrative	603		490		1,836		2,346
Total	$	1,117	$	1,229	$	3,714	$	4,413