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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock based Compensation Expense

Stock-based compensation expense is as follows:

 

   2024   2023 
   Three Months Ended 
   March 31, 
   2024   2023 
Cost of revenues  $12   $152 
Research and development   7     
Sales and marketing   86    46 
General and administrative   219    111 
 Stock-based compensation expenses   $324   $309 
Summary of Stock Option Activity

Stock option activity for the three months ended March 31, 2024, is set forth in the table below:

 

       Weighted   Weighted average     
       average   remaining   Aggregate 
       exercise price   contractual life   Intrinsic 
   Options   per share   (in years)   Value* 
Outstanding at January 1, 2024   5,146,382   $0.93           
Granted   35,000    0.72           
Exercised                  
Forfeited and Expired   (16,874)   10.81           
Outstanding at March 31, 2024   5,164,508   $0.89    8.64   $779 
Vested and Expected to Vest at March 31, 2024   5,164,508   $0.89    8.62   $779 
Exercisable at March 31, 2024   2,117,649   $1.49    8.50   $293 

 

* 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.
Schedule of Outstanding Restricted Stock Units

Restricted Stock Unit (“RSU”) activity for the three months ended March 31, 2024, is set forth in the table below:

 

   RSUs 
Outstanding at January 1, 2024   681,846 
Granted   66,675 
Released    
Forfeited   (70,396)
Outstanding at March 31, 2024   678,125