XML 58 R40.htm IDEA: XBRL DOCUMENT v3.20.4
Equity Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2020
Equity Compensation Plans (Tables) [Line Items]  
Schedule of fair market value using Black-Scholes method
   Year Ended
December 31,
 
   2020   2019 
Fair market value  $6.93   $6.83 
Risk free rate   0.25%   1.88%
Dividend yield   
    
 
Expected volatility   50.34%   36.79%
Expected term in years   3.41    3.47 

 

Schedule of total stock option activity
  

Options

(in thousands)

  

Weighted

Average

Exercise

Price

  

Weighted

Average

Remaining

Contractual

Term in

Years

  

Intrinsic

Value $

(in thousands)

 
Options outstanding as of January 1, 2019   933   $5.96    4.8   $
 
Granted   1,598    7.29        
 
Exercised   
    
        
 
Forfeited/expired   (395)   5.97        
 
Options outstanding as of December 31, 2019   2,136    6.95    4.3    3,752 
Granted   488    16.26        
 
Exercised   (281)   7.68        
 
Forfeited/expired   (109)   10.80        
 
Options outstanding as of December 31, 2020   2,234    8.71    3.5    54,133 

 

Schedule of outstanding and exercisable stock options
    Options Outstanding   Options Exercisable 
Exercise
Prices
  

Number of

Options

Outstanding
(in thousands)

  

Weighted
Average
Remaining Life

(Years)

  

Number of

Options

Exercisable
(in thousands)

  

Weighted
Average
Remaining Life
(Years)

   Intrinsic
Value

(in thousands)
 
$5.75    210    3.14    75    3.14   $2,028 
 5.95    538    2.75    292    2.75    7,866 
 6.51    261    3.39    86    3.39    2,275 
 6.65    173    3.36    52    3.36    1,371 
 7.99    19    3.92    3    3.92    74 
 8.07    5    3.65    
    
    
 
 8.17    225    3.75    42    3.75    1,045 
 8.32    226    3.50    64    3.50    1,580 
 8.55    179    3.75    52    3.75    1,276 
 12.76    25    4.19    
    
    
 
 13.12    191    4.38    
    
    
 
 15.12    3    4.38    
    
    
 
 21.70    179    4.75    
    
    
 
      2,234    3.49    666    3.14    17,515 

 

Schedule of unvested stock option activity
  

Options

(in thousands)

  

Weighted

Average

Grant Date

Fair Value

 
Nonvested options as of January 1, 2019   845   $1.37 
Granted   1,598    1.83 
Vested   (157)   1.39 
Forfeited   (307)   1.33 
Nonvested options as of December 31, 2019   1,979    1.75 
Granted   488    6.93 
Vested   (790)   1.82 
Forfeited   (109)   3.65 
Nonvested options as of December 31, 2020   1,568    3.20 

 

Schedule of total non-cash stock compensation and the associated line item on the statement of operations
(in thousands)  Years Ended
December 31,
 
Non-Cash Stock Compensation  2020   2019 
Cost of revenues  $169   $663 
Marketing and sales   302    4,285 
General and administrative   1,353    4,356 
Research and development   361    759 
Total non-cash stock compensation  $2,185   $10,063 
Class A common stock [Member]  
Equity Compensation Plans (Tables) [Line Items]  
Schedule of fair market value using Black-Scholes method
Trading price of common stock on measurement date  $6.56 
Risk free interest rate   1.9%
Expected life in years   3.0 
Expected volatility   36.5%
Expected dividend yield