Stock-based Compensation |
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| Stock-based Compensation | Note 10. Stock-based Compensation As of June 30, 2025, and 2024, there was $0 and $50, respectively of unrecognized stock-based compensation related to the XpresTest Plan. The fair value of stock options is estimated as of the date of grant using the Black-Scholes-Merton (“Black-Scholes”) option-pricing model. The Company uses the simplified method to estimate the expected term of options due to insufficient history and high turnover in the past. The following variables were used as inputs in the model:
Total stock-based compensation for the three and six months ended June 30, 2025, was $599 and $682, respectively. Total stock-based compensation for the three and six months ended June 30, 2024, was $304 and $586 respectively. All stock-based compensation for the three and six months ended June 30, 2025 and June 30, 2024 is presented on the unaudited condensed consolidated Statements of Operations and Comprehensive Loss within general and administrative expense. The following tables summarize information about stock options and RSU activity for the six months ended June 30, 2025:
Unrecognized stock-based payment cost related to non-vested stock options as of June 30, 2025 was $567, vesting over the next 3.82 years. Unrecognized stock-based payment cost related to non-vested RSUs as of June 30, 2025 was $30. |
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