XML 49 R38.htm IDEA: XBRL DOCUMENT v3.22.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Schedule of Restricted Common Stock And Non-qualified Stock Option Activity
Restricted common stock and non-qualified stock option activity during the six months ended June 30, 2022, consisted of the following:

Period
Total Number of Restricted Shares Issued
 
 Total Number of Non-qualified Stock Options Granted Vesting Periods Years
January 1, 2022 to March 31, 2022 (1)
(340,502)— N/A
April 1, 2022 to June 30, 2022 (1)
(165,174)— N/A
Total(505,676)— 

(1)Includes shares of common stock cancelled in relation to unvested restricted stock awards.
Schedule of Stock-based Compensation Expense
The following table sets forth the Company’s stock-based compensation expense for the periods indicated (in thousands):

 Three months Ended June 30,Six Months Ended June 30,
 2022202120222021
Equity Classified Awards  
Stock options  
Cost of goods sold$89 $— $174 $— 
Research and development83 — 134 — 
Selling, general and administrative1,625 — 3,069 — 
Preliminary stage projects— — 
Other99 — 193 — 
Restricted stock
Cost of goods sold109 — 217 — 
Research and development95 121 153 246 
Selling, general and administrative1,963 737 4,013 1,174 
Preliminary stage projects13 — 24 — 
Other141 — 279 — 
Total equity classified awards4,220 858 8,264 1,420 
Liability Classified Awards
Restricted stock
Selling, general and administrative(381)— (188)— 
Stock appreciation rights
Research and development(126)(159)(126)189 
Selling, general and administrative(26)(7)(5)
Total liability classified awards(533)(166)(319)197 
Total stock-based compensation$3,687 $692 $7,945 $1,617 
Schedule Stock Option Award Activity Stock option activity under the Company’s stock incentive plans and changes during the six months ended June 30, 2022, were as follows:
Number of Options
Weighted-Average Exercise Price (1)
Weighted-Average Remaining Contractual Term (years)Aggregate Intrinsic Value
Options outstanding at December 31, 20214,746,368 $5.11 9.6$— 
Granted16,791 $3.68 $— 
Canceled or forfeited(220,255)$5.56 $— 
Exercised— $— 
Options outstanding at June 30, 20224,542,904 $— 9.1$— 
Options vested and expected to vest at June 30, 202218,186 $39.69 0.5$— 

(1) Exercise price of options outstanding range from $2.73 to $19,620.00 as of June 30, 2022. The higher range end of the range is due to historical stock reverse splits.
Schedule of Non-vested Restricted Stock Awards Non-vested restricted stock awards and the changes during the six months ended June 30, 2022, were as follows:
 
Number of Shares
Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 20216,882,502 $3.77 
Granted165,174 $4.45 
Exercised(209,398)$2.63 
Canceled or forfeited(252,801)$4.87 
Vested(364)$2.30 
Non-vested at June 30, 20226,585,113 $4.01