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SHAREBASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2022
SHAREBASED COMPENSATION  
Impact On Operations Of Recording Share-based Compensation

NOTE 10 – SHARE-BASED COMPENSATION

 

For share-based awards granted, we have recognized compensation expense based on the estimated grant date fair value method. For these awards, we have recognized compensation expense using a straight-line amortization method reduced for estimated forfeitures.

 

The impact on our results of operations of recording share-based compensation, net of forfeitures, for the three and six months ended June 30, 2022 and 2021, respectively, were as follows:

 

 

 

 Three Months Ended

 

 

 Six Months Ended

 

 

 

June 30,

2022

 

 

June 30,

2021

 

 

June 30,

2022

 

 

June 30,

2021

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Cost of goods sold

 

$25

 

 

$16

 

 

$40

 

 

$26

 

Research and development

 

 

69

 

 

 

101

 

 

 

133

 

 

 

172

 

Selling, general and administrative

 

 

286

 

 

 

284

 

 

 

498

 

 

 

482

 

Total share-based compensation

 

$380

 

 

$401

 

 

$671

 

 

$680

 

Equity Award Activity

 

 

 Three Months Ended

 

 

 Six Months Ended

 

 

 

June 30,

2022

 

 

June 30,

2021

 

 

June 30,

2022

 

 

June 30,

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted Stock Units

 

 

324,200

 

 

 

254,400

 

 

 

326,715

 

 

 

256,400

 

Stock Options

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

The weighted average number of shares outstanding used to compute earnings (loss) per share included the following:

 

 

 

 Three Months Ended

 

 

 Six Months Ended

 

 

 

June 30,

2022

 

 

June 30,

2021

 

 

June 30,

2022

 

 

June 30,

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted Stock Units

 

 

179,207

 

 

 

352,408

 

 

 

298,344

 

 

 

552,485

 

Stock Options

 

 

177

 

 

 

424

 

 

 

1,061

 

 

 

1,327

 

Future Equity Compensation Expense

 

 

June 30,

2022

 

 

 

 

 

Unamortized future equity compensation expense (in thousands)

 

$2,631

 

Remaining weighted average amortization period (in years)

 

 

2.82