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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Stock-Based Compensation  
Summary of stock options outstanding, exercisable and vested or expected to vest

Weighted-

Average

Weighted-

Remaining

Aggregate

Average

Contractual

Intrinsic

    

    

Exercise

    

Term

    

Value

Number of Shares

Price

(years)

(in thousands)

Outstanding, December 31, 2021

1,386,811

$

13.28

7.8

 

$

179

Granted

499,130

$

5.08

Exercised

$

Forfeited

(28,850)

$

12.26

Outstanding, March 31, 2022

1,857,091

$

11.10

8.2

$

524

Vested and exercisable, March 31, 2022

477,322

$

11.04

5.7

$

87

Schedule of RSU activity

    

Number of

    

Weighted-

Shares 

Average

Underlying

Grant Date

RSUs

Fair Value

Unvested, December 31, 2021

 

235,985

$

15.98

Granted

 

356,349

$

3.58

Vested

 

(19,247)

$

14.53

Forfeited

 

(8,928)

$

8.66

Unvested, March 31, 2022

 

564,159

$

8.31

Schedule of stock-based compensation expense recognized

Stock-based compensation expense recognized during the three months ended March 31, 2022 and 2021 was comprised of the following (in thousands):

Three Months Ended

March 31, 

    

2022

    

2021

  

Sales and marketing

    

$

195

    

$

128

General and administrative

 

682

 

411

Research and development

 

178

 

109

Cost of goods sold

 

50

 

29

Total stock-based compensation expense

$

1,105

$

677

Summary of weighted-average assumptions were used to determine the fair value of options

Three Months Ended

March 31, 

  

2022

    

2021

 

Expected term (years)

6.2

6.1

Risk-free interest rate

1.8

%

1.0

%

Volatility factor

64

%

64

%

Dividend yield