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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 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

 

(165,152)

 

 

 

 

 

 

 

 

 

 

RSUs cancelled/forfeited

 

9,000

 

 

 

 

 

 

 

 

 

 

Options granted

 

(587,852)

 

587,852

 

$

6.70

 

 

 

 

 

Options exercised

 

 

 

(10,278)

 

$

4.70

 

 

 

$

24

Options cancelled/forfeited

 

136,154

 

(145,161)

 

$

8.78

 

 

 

 

 

Balance—September 30, 2019

 

669,159

 

1,907,712

 

$

7.25

 

8.0

 

$

385

Options exercisable—September 30, 2019

 

 

 

872,161

 

$

7.03

 

7.0

 

$

385

 

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

 

165,152

    

 

6.80

Vested

 

(30,492)

    

 

8.40

Cancelled/forfeited

 

(9,000)

    

 

7.86

Balance—September 30, 2019

 

219,220

    

$

7.21

 

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 September 30, 

 

Nine Months Ended September 30, 

 

 

    

2019

    

2018

    

2019

    

2018

    

Research and development

 

$

176

 

$

132

 

$

484

 

$

378

 

General and administrative

 

 

627

 

 

504

 

 

1,692

 

 

1,403

 

Sales and marketing

 

 

92

 

 

86

 

 

221

 

 

283

 

Total

 

$

895

 

$

722

 

$

2,397

 

$

2,064