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Stock-based Compensation | 6 Months Ended
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Jun. 30, 2022
Share-Based Payment Arrangement [Abstract] |
Stock-based Compensation | NOTE 7 —Stock-based Compensation Stock-based compensation expense for the three and six months ended June 30, 2022, and 2021 is as follows: Schedule of Stock-based Compensation Expense
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Cost of revenues |  | $ | 9 |  |  | $ | 16 |  |  | $ | 20 |  |  | $ | 32 |
Sales and marketing |  |  | (28 | ) |  |  | 55 |  |  |  | (2 | ) |  |  | 111 |
General and administrative |  |  | 240 |  |  |  | 63 |  |  |  | 465 |  |  |  | 237 |
Research and development |  |  | (5 | ) |  |  | 45 |  |  |  | 16 |  |  |  | 95 |
Stock-based compensation expense |  | $ | 216 |  |  | $ | 179 |  |  | $ | 499 |  |  | $ | 475 |
Stock Options: Stock option activity for the six months ended June 30, 2022, is set forth in the table below and reflects the 1-for-10 Reverse Stock Split that became effective on September 15, 2021: Summary of Stock Option Activity
|  |  |  |  | Weighted average |  |  | Weighted average remaining |  |  |  |
|  |  |  |  | exercise price |  |  | contractual life |  |  | Aggregate Intrinsic |
|  | Options |  |  | per share |  |  | (in years) |  |  | Value* |
Outstanding at January 1, 2022 |  |  | 95,413 |  |  | $ | 40.00 |  |  |  | 6.73 |  |  | $ | 0 |
Options granted |  |  | — |  |  | $ | — |  |  |  |  |  |  |  |  |
Options exercised |  |  | — |  |  | $ | — |  |  |  |  |  |  |  |  |
Options forfeited |  |  | (6,519 | ) |  | $ | 26.84 |  |  |  |  |  |  |  |  |
Options expired |  |  | (5,538 | ) |  | $ | 58.78 |  |  |  |  |  |  |  |  |
Outstanding at June 30, 2022 |  |  | 83,356 |  |  | $ | 39.78 |  |  |  | 5.28 |  |  | $ | 0 |
Exercisable at June 30, 2022 |  |  | 60,860 |  |  | $ | 42.19 |  |  |  | 4.48 |  |  | $ | 0 |
* | The intrinsic value is calculated as the difference between the exercise price and the fair value of the common stock on the balance sheet date.
As of June 30, 2022, there was approximately $826 of unamortized stock-based compensation cost related to unvested stock options, which is expected to be recognized over a weighted average period of approximately two years. SONIM TECHNOLOGIES, INC NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (In thousands of U.S. dollars except share and per share amounts or as otherwise disclosed) Restricted Stock Units: Restricted stock units’ (“RSU”) activity for the six months ended June 30, 2022, is set forth in the table below and reflects the 1-for-10 Reverse Stock Split that became effective on September 15, 2021: Summary of Outstanding RSU's
|  | RSUs |
Outstanding at January 1, 2022 |  |  | 347,110 |
Granted |  |  | — |
Released |  |  | (71,347 | )
Forfeited |  |  | (40,661 | )
Outstanding at June 30, 2022 |  |  | 235,102 |

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