Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Stock-Based Compensation

Schedule of stock based compensation expense categories in statement of operations

The Company recorded stock‑based compensation expense in the following expense categories of its accompanying consolidated statements of operations and comprehensive loss (in thousands):

	Three months ended March 31,
	2020		2019
Sales and marketing	$	161	$	15
General and administrative		209		34
Research and development		79		11
Total stock‑based compensation	$	449	$	60

Schedule of stock option activity

				Weighted
				average
		Weighted		remaining
	Number of	average exercise		contractual term
	shares	price per share		(years)
Outstanding at January 1, 2020	1,420,942	$	10.35
Granted	71,940		15.87
Exercised	(1,289)		5.93
Canceled/forfeited	(9,172)		11.55
Outstanding at March 31, 2020	1,482,421		10.61	8.57
Vested and expected to vest at March 31, 2020	1,385,789	$	10.50	8.51
Exercisable at March 31, 2020	400,170	$	5.94	6.13

Schedule of activity relating to early exercise of stock options

	Number of
	shares
Unvested balance at January 1, 2020	755
Vested	(90)
Forfeited	(267)
Unvested balance at March 31, 2020	398

Schedule of weighted average assumptions

	Three months ended
	March 31, 2020
Expected dividend yield	—
Expected volatility	55.5	%
Risk‑free interest rate	1.44	%
Expected term	6.25	Years