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ShareBased Compensation (Tables)
9 Months Ended
Sep. 30, 2020
ShareBased Compensation  
Schedule of weighted average assumptions of stock options granted

Nine months Ended September 30, 2020

 

 

Expected term

 

 6 

years

Expected volatility

 

 

66%

Risk-free rate

 

 

1%

Expected dividends

 

 

0%

Schedule of Service Period Based Stock Option Activity

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

Aggregate

 

 

 

Number of

 

 

Exercise

 

 

Contractual

 

 

Fair

 

 

Intrinsic

 

 

 

Shares

 

 

Price

 

 

Term (Years)

 

 

Value

 

 

Value

 

Outstanding at Dec. 31, 2019

 

 

9509

 

 

$3.86

 

 

 

6.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Granted

 

 

2,601

 

 

 

3.87

 

 

 

10.0

 

 

$2.27

 

 

 

 

Options Exercised

 

 

(758)

 

 

3.67

 

 

 

 

 

 

 

 

 

 

$1,024

 

Options Expired

 

 

(259)

 

 

4.66

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Forfeited

 

 

(708)

 

 

3.49

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at Sep. 30, 2020

 

 

10,385

 

 

$3.88

 

 

 

7.0

 

 

 

 

 

 

$4,508*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at Sep. 30, 2020

 

 

6,495

 

 

$3.81

 

 

 

5.7

 

 

 

 

 

 

$3,314*

Schedule of Performance Based Stock Options

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

Aggregate

 

 

 

Number of

 

 

Exercise

 

 

Contractual

 

 

Fair

 

 

Intrinsic

 

 

 

Shares

 

 

Price

 

 

Term (Years)

 

 

Value

 

 

Value

 

Outstanding at Dec. 31, 2019

 

 

42

 

 

$1.89

 

 

 

3.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Granted

 

 

164

 

 

 

4.34

 

 

 

4.0

 

 

$2.26

 

 

 

 

Options Exercised

 

 

(42)

 

 

1.89

 

 

 

 

 

 

 

 

 

 

$100

 

Options Forfeited

 

 

(83)

 

 

4.34

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at Sep. 30, 2020

 

 

81

 

 

$4.34

 

 

 

3.3

 

 

 

 

 

 

$0*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at Sep. 30, 2020

 

 

81

 

 

$4.34

 

 

 

3.3

 

 

 

 

 

 

$0*

Schedule of share-based compensation

 

 

Three months ending

 

 

Nine months ending

 

(In thousands)

 

Sep. 30, 2020

 

 

Sep. 30, 2019

 

 

Sep. 30, 2020

 

 

Sep. 30, 2019

 

Share-based compensation expense

 

 

 

 

 

 

 

 

 

 

  Cost of sales

 

$42

 

 

$34

 

 

$117

 

 

$94

 

  Sales and marketing

 

 

336

 

 

 

215

 

 

 

810

 

 

 

479

 

  Research and development

 

 

133

 

 

 

139

 

 

 

405

 

 

 

389

 

  General and administrative

 

 

1,063

 

 

 

1,298

 

 

 

3,826

 

 

 

4,512

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Total

 

$1,574

 

 

$1,686

 

 

$5,158

 

 

$5,474