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STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2022
Share-Based Payment Arrangement [Abstract] |
Summary of equity incentive program | A summary of our equity incentive program as of December 31, 2022, is as follows (in thousands):
Common stock shares available for grant | 631 |
Stock options outstanding | 140 |
RSUs outstanding | 887 |
RSAs outstanding | 119 |
PSUs outstanding | 615 |
Summary of time-based stock options | The following summarizes activities for the time-based stock options for the year ended December 31, 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 | (102) |  |  | 8.55 |  |  |  |  |
Outstanding as of December 31, 2022 | 140 |  |  | $ | 7.67 |  |  | 4.03 |  | $ | — |
Vested and expected to vest at December 31, 2022 | 137 |  |  | $ | 7.67 |  |  | 4.03 |  | $ | — |
Exercisable at December 31, 2022 | 102 |  |  | $ | 7.66 |  |  | 4.02 |  | $ | — |
Summary of restricted stock units activities | The following summarizes RSU activities for the year ended December 31, 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 | 1,000 |  |  | 5.65 |  |  |  |  |
Released | (271) |  |  | 5.70 |  |  |  |  |
Forfeited | (66) |  |  | 6.04 |  |  |  |  |
Outstanding at December 31, 2022 | 887 |  |  | $ | 5.85 |  |  | 1.31 |  | $ | 6,226 |
Summary of restricted stock awards activities | The following summarizes RSA activities for the year ended December 31, 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
Granted | 233 |  |  | 5.13 |  |  |
Released | (114) |  |  | 4.78 |  |  |
Forfeited | — |  |  | — |  |  |
Outstanding at December 31, 2022 | 119 |  |  | $ | 5.47 |  |  | 0.39
Share-based Payment Arrangement, Outstanding Award, Activity, Excluding Option | The following summarizes PSU activities for the year ended December 31, 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 | (11) |  |  | 6.20 |  |  |
Forfeited | (41) |  |  | 6.20 |  |  |
Outstanding at December 31, 2022 | 615 |  |  | $ | 3.69 |  |  | 1.12
The assumptions used to value market condition-based restricted stock units granted during the year ended December 31, 2022 under our equity incentive program are as follows:
| Years Ended December 31, 2022
Expected life (in years) | 1.2
Volatility | 58%
Interest rate | 1.7%
Dividend yield | —
Summary of stock-based compensation expenses | The stock-based compensation related to all of our stock-based awards and ESPP for the year ended December 31, 2022, and 2021 is as follows (in thousands):
|  |  | Years Ended December 31,
|  |  |  |  | 2022 |  | 2021
Stock options |  |  |  |  | $ | 120 |  |  | $ | 386 |
RSUs, RSAs and PSUs |  |  |  |  | 3,295 |  |  | 1,894 |
ESPP |  |  |  |  | 2 |  |  | 58 |
Total |  |  |  |  | $ | 3,417 |  |  | $ | 2,338 |
Sales and marketing |  |  |  |  | $ | 61 |  |  | $ | 745 |
Research and development |  |  |  |  | 117 |  |  | 742 |
General and administrative |  |  |  |  | 3,239 |  |  | 851 |
Total |  |  |  |  | $ | 3,417 |  |  | $ | 2,338 |

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- 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
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