XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.22.2.2

STOCK-BASED COMPENSATION (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract] |
Summary of equity incentive program | A summary of our equity incentive program as of June 30, 2022 is as follows (in thousands):
Common stock shares available for grant | 1,873 |
Stock options outstanding | 172 |
RSUs outstanding | 592 |
RSAs outstanding | 119 |
PSUs outstanding | 618 |
Summary of time-based stock options | The following summarizes activities for the time-based stock options for the six months ended June 30, 2022:
| Number of Shares Underlying Stock Options (in thousands) |  | Weighted Average Exercise Price Per Share |  | Weighted Average Remaining Contractual Life (Years) |  | Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2021 | 242 |  |  | $ | 8.04 |  |  | 4.44 |  | $ | — |
Granted | — |  |  | — |  |  |  |  |
Exercised | — |  |  | — |  |  |  |  |
Canceled or expired | (70) |  |  | 7.27 |  |  |  |  |
Outstanding as of June 30, 2022 | 172 |  |  | $ | 8.35 |  |  | 4.21 |  | $ | — |
Vested and expected to vest at June 30, 2022 | 163 |  |  | $ | 4.62 |  |  | 3.68 |  | $ | — |
Exercisable at June 30, 2022 | 116 |  |  | $ | 8.50 |  |  | 4.05 |  | $ | — |
Summary of restricted stock units activities | The following summarizes RSU activities for the six months ended June 30, 2022:
| Number of Restricted Stock Units (in thousands) |  | Weighted Average Grant Date Fair Value Per Share |  | Weighted Average Remaining Contractual Life (Years) |  | Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2021 | 224 |  |  | $ | 6.66 |  |  | 0.56 |  | $ | 1,280 |
Granted | 600 |  |  | 4.78 |  |  |  |  |
Released | (171) |  |  | 6.22 |  |  |  |  |
Forfeited | (61) |  |  | 5.91 |  |  |  |  |
Outstanding at June 30, 2022 | 592 |  |  | $ | 4.94 |  |  | 1.20 |  | $ | 3,163 |
Summary of restricted stock awards activities | The following summarizes RSA activities for the six months ended June 30, 2022:
| Number of Restricted Stock Awards (in thousands) |  | Weighted Average Grant Date Fair Value Per Share |  | Weighted Average Remaining Recognition Period (Years)
Outstanding at December 31, 2021 | — |  |  | $ | — |  |  | 0.00
Granted | 233 |  |  | 5.13 |  |  |
Released | (114) |  |  | 4.78 |  |  |
Forfeited | — |  |  | — |  |  |
Outstanding at June 30, 2022 | 119 |  |  | $ | 5.47 |  |  | 0.90
Share-based Payment Arrangement, Outstanding Award, Activity, Excluding Option | The following summarizes PSU activities for the six months ended June 30, 2022:
| Number of Market Condition-Based Restricted Stock Units (in thousands) |  | Weighted Average Grant Date Fair Value Per Share |  | Weighted Average Remaining Recognition Period (Years)
Outstanding at December 31, 2021 | 67 |  |  | $ | 6.20 |  |  | 1.49
Granted | 600 |  |  | 3.63 |  |  |
Released | (8) |  |  | 6.20 |  |  |
Forfeited | (41) |  |  | 6.20 |  |  |
Outstanding at June 30, 2022 | 618 |  |  | $ | 3.71 |  |  | 1.37
The assumptions used to value market condition-based restricted stock units granted during the first half of 2022 under our equity incentive program are as follows:
| Six Months Ended June 30, 2022
Expected life (in years) | 1.2
Volatility | 52%
Interest rate | 1.0%
Dividend yield | —
Summary of stock-based compensation expenses | The stock-based compensation related to all of our stock-based awards and ESPP for the three and six months ended June 30, 2022 and 2021 is as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Stock options | $ | 52 |  |  | $ | 179 |  |  | $ | 15 |  |  | $ | 194 |
RSUs, RSAs and PSUs | 734 |  |  | 852 |  |  | 1,915 |  |  | 1,349 |
ESPP | 5 |  |  | 20 |  |  | 2 |  |  | 39 |
Total | $ | 791 |  |  | $ | 1,051 |  |  | $ | 1,932 |  |  | $ | 1,582 |
Sales and marketing | $ | (99) |  |  | $ | 313 |  |  | $ | (2) |  |  | $ | 537 |
Research and development | (23) |  |  | 217 |  |  | 81 |  |  | 535 |
General and administrative | 913 |  |  | 521 |  |  | 1,853 |  |  | 510 |
Total | $ | 791 |  |  | $ | 1,051 |  |  | $ | 1,932 |  |  | $ | 1,582 |

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock awards that were outstanding at the beginning and end of the year, and the number of restricted stock awards that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | immr_ScheduleOfShareBasedCompensationRestrictedStockAwardsActivityTableTextBlock
Namespace Prefix: | immr_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of stock options and awards. + References No definition available. + Details
Name: | immr_ScheduleOfStockOptionsAndAwardsTableTableTextBlock
Namespace Prefix: | immr_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of activity for outstanding award under share-based payment arrangement excluding share and unit options and nonvested award. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfOtherShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in restricted stock units (RSUs). + References No definition available. + Details
Name: | us-gaap_ScheduleOfUnvestedRestrictedStockUnitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration