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Stock-Based Compensation
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation

NOTE 6 — Stock-Based Compensation

 

Stock-based compensation expense is as follows:

   

   2025   2024   2025   2024 
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2025   2024   2025   2024 
Cost of revenues  $13   $15   $15   $27 
Research and development   12    13    14    20 
Sales and marketing   329    104    394    190 
General and administrative   572    340    793    559 
Stock-based compensation expenses  $926   $472   $1,216   $796 

 

Stock-based compensation in Cost of Revenues relates to employees who focus on supply chain management.

 

Stock Options

 

Stock option activity for the six months ended June 30, 2025, is set forth in the table below:

 

   Options   Weighted
average
exercise
price per
share		   Weighted
average
remaining
contractual
life (in
years)		   Aggregate
Intrinsic
Value*		 
Outstanding at January 1, 2025   755,494   $6.48           
Granted   —    —           
Exercised   —    —           
Forfeited and Expired   (79,715)   6.72           
Outstanding at June 30, 2025   675,779   $6.46    7.83   $— 
Vested and Expected to Vest at June 30, 2025   675,779   $6.46    7.83   $— 
Exercisable at June 30, 2025   441,674   $7.06    7.62   $— 

 

* 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, 2025, there was approximately $973 of unamortized stock-based compensation cost related to unvested stock options, which is expected to be recognized over a weighted average period of 1.44 years.

 

 

Restricted Stock Units

 

Restricted Stock Unit (“RSU”) activity for the six months ended June 30, 2025, is set forth in the table below:

 

   RSUs 
Outstanding at January 1, 2025   67,962 
Granted   705,998 
Released   (773,960)
Forfeited   — 
Outstanding at June 30, 2025   —