XML 45 R35.htm IDEA: XBRL DOCUMENT v3.23.2
STOCK OPTIONS AND RESTRICTED SHARES (Tables)
3 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Stock-based Compensation

The following amounts of stock-based compensation were recorded (dollars in thousands):

 

 

 

For the Three Months Ended
June 30,

 

 

 

2023

 

 

2022

 

Cost of product revenue

 

$

1

 

 

$

1

 

General and administrative

 

 

182

 

 

 

250

 

Sales and marketing

 

 

4

 

 

 

2

 

Research and development

 

 

1

 

 

 

1

 

Total

 

$

188

 

 

$

254

 

Summary of Stock Options Activity

During the three months ended June 30, 2023, Orion had the following activity related to its stock-based compensation. Restricted shares includes both performance-vesting restricted stock and time vesting-restricted stock.

 

 

 

Restricted Shares

 

 

Stock Options

 

Awards outstanding at March 31, 2023

 

 

743,454

 

 

 

73,136

 

Awards granted

 

 

50,753

 

 

 

 

Awards vested or exercised

 

 

(206,451

)

 

 

 

Awards forfeited

 

 

(5,250

)

 

 

(73,136

)

Awards outstanding at June 30, 2023

 

 

582,506

 

 

 

 

Per share weighted average price on grant date

 

$

1.66