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Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2023
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 March 31,

 

 

 

2023

 

 

2022

 

Cost of goods sold

 

$

15

 

 

$

13

 

Research and development

 

 

237

 

 

 

267

 

Sales and marketing

 

 

161

 

 

 

287

 

General and administrative

 

 

568

 

 

 

674

 

Total stock-based compensation expense

 

$

981

 

 

$

1,241

 

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)

 

Aggregate Intrinsic Value (in thousands)

 

Balance at December 31, 2022

 

 

2,065

 

 

$

11.78

 

 

 

6.7

 

$

758

 

Granted

 

 

257

 

 

$

6.03

 

 

 

 

 

 

Expired/Forfeited

 

 

(98

)

 

$

15.08

 

 

 

 

 

 

Balance at March 31, 2023

 

 

2,224

 

 

$

11.20

 

 

 

6.6

 

$

604

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and exercisable at March 31, 2023

 

 

1,477

 

 

$

11.35

 

 

 

5.5

 

$

573

 

Vested and expected to vest at March 31, 2023

 

 

2,224

 

 

$

11.20

 

 

 

6.6

 

$

604

 

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, 2022

 

 

444

 

 

$

11.78

 

Grants

 

 

568

 

 

$

5.27

 

Vested and released

 

 

(278

)

 

$

7.85

 

Forfeited

 

 

(27

)

 

$

12.91

 

Balance at March 31, 2023

 

 

708

 

 

$

8.05

 

 

Schedule of performance stock unit

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

 

 

 

Performance
stock units

 

 

Weighted average grant date fair value

 

Balance at December 31, 2022

 

 

137

 

 

$

2.09

 

Grants

 

 

 

 

$

 

Vested and released

 

 

 

 

$

 

Forfeited

 

 

(23

)

 

$

2.20

 

Balance at March 31, 2023

 

 

114

 

 

$

2.07