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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2019
Stock-Based Compensation  
Summary of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding

 

 

 

 

 

 

Weighted-

 

Weighted-

 

 

 

 

 

Options and

 

 

 

Average

 

Average

 

 

 

 

 

Awards

 

 

 

Exercise

 

Remaining

 

Aggregate

 

 

Available for

 

Number of

 

Price Per

 

Contractual

 

Intrinsic

 

 

Grant

    

Options

    

Share

    

Life (years)

    

Value

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

Balance—December 31, 2018

 

764,145

 

1,475,299

 

$

7.60

 

7.8

 

$

284

Authorized

 

512,864

 

 —

 

 

 —

 

 

 

 

 

RSUs granted

 

(92,000)

 

 —

 

 

 —

 

 

 

 

 

RSUs cancelled/forfeited

 

7,250

 

 —

 

 

 —

 

 

 

 

 

Options granted

 

(417,000)

 

417,000

 

 

6.54

 

 

 

 

 

Options exercised

 

 —

 

(2,705)

 

 

4.83

 

 

 

$

80

Options cancelled/forfeited

 

92,250

 

(93,491)

 

 

9.04

 

 

 

 

 

Balance—March 31, 2019

 

867,509

 

1,796,103

 

$

7.28

 

8.2

 

$

1,468

Options exercisable—March 31, 2019

 

 

 

727,511

 

$

6.82

 

7.1

 

$

901

 

Schedule of Restricted Stock Unit Activity

 

 

 

 

 

 

 

 

RSUs Outstanding

 

 

 

    

Weighted-

 

 

 

    

Average

 

 

Number of

    

Grant Date

 

 

Restricted Stock

    

Fair Value Per

 

    

Units

    

Share

Balance—December 31, 2018

 

93,560

    

$

8.38

Granted

 

92,000

    

 

6.57

Vested

 

(9,902)

    

 

8.93

Cancelled/forfeited

 

(7,250)

    

 

8.22

Balance—March 31, 2019

 

168,408

    

$

7.36

 

Summary of Stock-Based Compensation Expense

The Company recognized stock-based compensation expense from awards granted to employees and non-employees under its equity incentive plans and from its ESPP as follows, excluding amounts related to GLOBALFOUNDRIES, Inc. (GF) (in thousands):

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

2019

    

2018

    

Research and development

$

147

 

$

108

 

General and administrative

 

509

 

 

433

 

Sales and marketing

 

48

 

 

84

 

Total

$

704

 

$

625