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Stock-Based Compensation
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
The following table reflects the components of stock-based compensation expense recognized in the Company's Consolidated Statements of Operations:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
Stock options:
Cost of revenue42 68 84 
Selling, general and administrative1,1355702,2751,268
Research and development80105221203
Total stock options stock-based compensation expense1,2237172,5641,555
Restricted stock units:
Selling, general and administrative27255474
Total restricted stock units stock-based compensation expense27255474
Related party share based payments:
Selling, general and administrative12 67 24 67 
Research and development46 11 46 
Total related party stock-based compensation expense13 113 35 113 
Total stock-based compensation expense1,263855 2,6531,742 
Amount capitalized to internal-use software2632 5357 
Total stock-based compensation cost$1,289 $887 $2,706 $1,799 
2016 Equity Incentive Plan
In May and June of 2016, the Company’s Board of Directors adopted and the Company’s stockholders approved the 2016 Equity Incentive Plan (the "2016 Plan”) in connection with the Company’s IPO. The 2016 Plan provides for the grant of incentive stock options, non-statutory stock options, restricted stock, restricted stock units, stock appreciation rights, performance units and performance shares to employees, directors and consultants. In April 2018, the Company’s Board of Directors adopted and, in June 2018, the Company’s stockholders approved an amendment to the 2016 Plan, to reserve a further 6,800,000 shares of common stock for issuance pursuant to the 2016 Plan. In May 2020, the Company’s stockholders approved an amendment to the 2016 Plan, to reserve a further 12,000,000 shares of common stock for issuance pursuant to the 2016 Plan. In June 2022, the Company's stockholders approved an amendment to the 2016 Plan, to reserve a further 3,000,000 shares of common stock for issuance pursuant to the 2016 Plan. Following the approval of the amendments, a total of 27,800,000 shares of common stock were reserved for issuance pursuant to the 2016 Plan.
Stock Options

The following table summarizes the activity related to stock options during the three and six months ended June 30, 2022:
 
Number of 
Shares
Weighted-Average 
Exercise Price
Stock options outstanding - December 31, 202114,475,636 $2.06 
Exercised(45,000)$0.55 
Forfeited(118,750)$3.60 
Stock options outstanding - March 31, 202214,311,886 $2.05 
   Granted300,000 $0.58 
   Forfeited(247,500)$2.43 
Stock options outstanding - June 30, 202214,364,386 $2.01 
Stock options exercisable - June 30, 20224,720,636 $1.46 
As of June 30, 2022, the Company had $9,844 of unrecognized stock-based compensation expense related to stock options. This cost is expected to be recognized over a weighted-average period of 1.7 years.
The Company settles all exercised stock options by issuing shares of the Company's common stock without netting down the portion related to payroll withholding tax obligations.
Restricted Stock Units
The following table summarizes the activity related to the unvested restricted stock units during the three and six months ended June 30, 2022:
 
Number of
Units
Weighted-Average Grant Date Fair Value
Unvested restricted stock units outstanding - December 31, 2021119,705 $1.81 
Vested(59,852)$1.81 
Unvested restricted stock units outstanding - March 31, 202259,853 $1.81 
Unvested restricted stock units outstanding - June 30, 202259,853 $1.81 
Vested and exercisable - June 30, 202259,852 $1.81 
Vested and unvested restricted stock units outstanding - June 30, 2022119,705 $1.81 
As of June 30, 2022, the Company had $75 of unrecognized stock-based compensation expense related to restricted stock units. This cost is expected to be recognized over a weighted-average period of 0.7 years.
During the six months ended June 30, 2022, the Company issued 0 shares of common stock to participants of the 2016 Plan based in the United States.