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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule Of Stock Based Compensation Expenses

Stock-based compensation is recorded in the consolidated statements of operations as follows (in thousands):

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of goods sold

 

$

1

 

 

$

 

 

$

3

 

 

$

 

Research and development

 

 

211

 

 

 

124

 

 

 

591

 

 

 

425

 

Sales and marketing

 

 

230

 

 

 

101

 

 

 

658

 

 

 

291

 

General and administrative

 

 

626

 

 

 

409

 

 

 

1,752

 

 

 

1,240

 

Total stock-based compensation expense

 

$

1,068

 

 

$

634

 

 

$

3,004

 

 

$

1,956

 

Summary of Outstanding Stock Option Activity

The following table summarizes the outstanding stock option activity during the period indicated (shares in thousands):

 

 

 

 

 

 

Weighted average

 

 

 

Number of
stock options

 

 

Exercise
price

 

 

Remaining
contractual
term
(in years)

 

Balance at December 31, 2020

 

 

1,760

 

 

$

10.07

 

 

 

7.6

 

Granted

 

 

516

 

 

 

22.43

 

 

 

 

Exercised

 

 

(226

)

 

 

11.11

 

 

 

 

Expired/Forfeited

 

 

(97

)

 

 

14.26

 

 

 

 

Balance at September 30, 2021

 

 

1,953

 

 

 

13.00

 

 

 

7.5

 

 

 

 

 

 

 

 

 

 

 

Vested and exercisable at September 30, 2021

 

 

1,079

 

 

 

9.47

 

 

 

6.5

 

Vested and expected to vest at September 30, 2021

 

 

1,953

 

 

 

13.00

 

 

 

7.5

 

Summary of Outstanding Restricted Stock Unit Activity

The following table summarizes the Company's restricted stock unit activity during the period indicated (shares in thousands):

 

 

 

Restricted
stock units

 

 

Weighted
average
grant date
fair value

 

Balance at December 31, 2020

 

 

202

 

 

$

10.51

 

Grants

 

 

223

 

 

 

22.28

 

Vested and released

 

 

(61

)

 

 

10.43

 

Forfeited

 

 

(61

)

 

 

14.15

 

Balance at September 30, 2021

 

 

303

 

 

 

18.44