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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Options Activity

The following is a summary of stock option activity for employees of continuing operations and discontinued operations for the year ended December 31, 2021:

 

 

 

Stock

Options

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Life

(in years)

 

 

Aggregate Intrinsic Value

(in thousands)

 

Outstanding at December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     2018 Plan

 

 

124,171

 

 

$

363.31

 

 

 

 

 

 

 

 

 

     2020 Plan

 

 

18,000

 

 

$

25.50

 

 

 

 

 

 

 

 

 

 

 

 

142,171

 

 

$

320.54

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(33,723

)

 

$

240.17

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2021

 

 

108,448

 

 

$

345.54

 

 

 

5.82

 

 

$

 

Exercisable at December 31, 2021

 

 

88,324

 

 

$

422.83

 

 

 

5.27

 

 

$

 

Vested and expected to vest at December 31, 2021

 

 

108,448

 

 

$

345.54

 

 

 

5.82

 

 

$

 

Schedule of Fair Value of Options Using the Black Scholes Option Pricing Model and Assumptions Used The fair value of the stock options granted during the year ended December 31, 2020 under the 2018 Plan and 2020 Plan was estimated using the Black Scholes option pricing model and the weighted average assumptions set forth below

 

 

2018 Plan

 

 

2020 Plan

 

Risk-free interest rate

 

1.30

%

 

 

0.50

%

Volatility

 

58.96

%

 

 

58.33

%

Expected dividend yield

 

0.00

%

 

 

0.00

%

Expected life (in years)

 

5.8

 

 

 

6.3

 

 

Schedule of Restricted Stock Units Activity

The following is a summary of the restricted stock unit activity for the 2018 Plan for employees of continuing operations and discontinued operations for the year ended December 31, 2021:

 

 

 

Restricted

Stock Units

 

 

Weighted

Average

Grant Date

Fair Value

 

Outstanding at December 31, 2020

 

 

33,548

 

 

$

21.93

 

Granted

 

 

61,259

 

 

$

2.74

 

Vested

 

 

(6,974

)

 

$

45.12

 

Forfeited

 

 

(17,808

)

 

$

13.59

 

Outstanding at December 31, 2021

 

 

70,025

 

 

$

4.37

 

Schedule of Restricted Stock Awards Activity

A summary of the restricted stock award activity for employees of continuing operations and discontinued operations for the year ended December 31, 2021 is presented below:

 

 

 

Restricted

Stock Awards

 

 

Weighted

Average

Grant Date

Fair Value

 

Outstanding at December 31, 2020

 

 

 

 

 

 

 

 

     2018 Plan

 

 

286,161

 

 

$

4.77

 

     2020 Plan

 

 

4,375

 

 

$

25.50

 

 

 

 

290,536

 

 

$

5.08

 

Granted

 

 

103,939

 

 

$

4.82

 

Vested

 

 

(88,781

)

 

$

5.93

 

Cancelled

 

 

(74,998

)

 

$

4.81

 

Forfeited

 

 

(51,362

)

 

$

4.81

 

Outstanding at December 31, 2021

 

 

179,334

 

 

$

4.71

 

Schedule of Stock-based Compensation Expense Recorded in Operating Expenses

Stock-based compensation expense recorded in operating expenses was as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Selling, general and administrative

 

$

1,750

 

 

$

3,235

 

Research and development

 

 

304

 

 

 

447

 

Stock-based compensation expense

 

$

2,054

 

 

$

3,682

 

Schedule of Unrecognized Estimated Stock Based Compensation Expense by Award Type

Total unrecognized estimated stock-based compensation expense by award type and the remaining weighted average recognition period over which such expense is expected to be recognized at December 31, 2021 was as follows:

 

 

 

Unrecognized Expense (in thousands)

 

 

Remaining Weighted Average Recognition Period (in years)

 

Stock options

 

$

313

 

 

 

1.7

 

Restricted stock awards

 

$

622

 

 

 

2.2

 

Restricted stock units

 

$

252

 

 

 

2.1