XML 27 R17.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Restricted Stock Units | 6 Months Ended
--- | ---
Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Restricted Stock Units | Stock Based Compensation Glowpoint 2014 Equity Incentive Plan On May 28, 2014, the Glowpoint, Inc. 2014 Equity Incentive Plan (the “2014 Plan”) was approved by the Company’s stockholders at the Company’s 2014 Annual Meeting of Stockholders. The purpose of the 2014 Plan is to promote the success of the Company and to increase stockholder value by providing an additional means to attract, motivate, retain, and reward selected employees and other eligible persons through the grant of equity awards. Awards may be granted under the 2014 Plan to officers, employees, directors and consultants of the Company or its subsidiary. The 2014 Plan permits the grant of stock options, stock appreciation rights, restricted shares, restricted stock units, cash awards and other awards, including stock bonuses, performance stock, performance units, dividend equivalents, or similar rights to purchase or acquire shares, whether at a fixed or variable price or ratio related to the Company’s common stock, upon the passage of time, the occurrence of one or more events, or the satisfaction of performance criteria or other conditions, or any combination thereof, or any similar securities with a value derived from the value of or related to the Company’s common stock, or returns thereon. A total of 4,400,000 shares of the Company’s common stock were initially available for issuance under the 2014 Plan. At the 2018 Annual Meeting of Stockholders held on May 31, 2018, the Company’s stockholders approved an amendment to the 2014 Plan to, among other things, increase the number of shares of common stock available for issuance under the 2014 Plan by 3,000,000 shares (the "Amendment"). As of June 30, 2018, 3,421,000 shares were available for issuance under the 2014 Plan. Glowpoint 2007 Stock Incentive Plan In May 2014, the Board terminated the Glowpoint 2007 Stock Incentive Plan (the “2007 Plan”). Notwithstanding the termination of the 2007 Plan, outstanding awards under the 2007 Plan will remain in effect in accordance with their terms. As of June 30, 2018, options to purchase a total of 1,188,000 shares of common stock and 113,000 shares of restricted stock were outstanding under the 2007 Plan. No shares are available for issuance under the 2007 Plan. Glowpoint 2000 Stock Incentive Plan In June 2010, the Board terminated the Glowpoint 2000 Stock Incentive Plan (as amended, the “2000 Plan”). Notwithstanding the termination of the 2000 Plan, outstanding awards under the 2000 Plan will remain in effect in accordance with their terms. As of June 30, 2018, options to purchase a total of 500 shares of common stock were outstanding under the 2000 Plan. No shares are available for issuance under the 2000 Plan. Stock Options For the six months ended June 30, 2018, no stock options were granted; therefore, no fair value assumptions are presented herein. A summary of stock options expired and forfeited under our stock incentive plans and stock options outstanding as of, and changes made during, the six months ended June 30, 2018, is presented below (shares in thousands):
| Outstanding |  | Exercisable
| Number of Shares Underlying Options |  | Weighted Average Exercise Price |  | Number of Shares Underlying Options |  | Weighted Average Exercise Price
Options outstanding, December 31, 2017 | 1,202 |  |  | $ | 1.99 |  |  | 1,202 |  |  | $ | 1.99 |
Expired | (3 | ) |  | 2.45 |  |  |  |  |
Forfeited | (10 | ) |  | 1.63 |  |  |  |  |
Options outstanding, June 30, 2018 | 1,189 |  |  | $ | 1.99 |  |  | 1,189 |  |  | $ | 1.99 |
Stock-based compensation expense related to stock options was $0 for the three and six months ended June 30, 2018. Stock-based compensation expense related to stock options was $0 and $18,000, respectively, for the three and six months ended June 30, 2017, and was recorded to general and administrative expenses. There is no remaining unrecognized stock-based compensation expense for stock options as of June 30, 2018.
Restricted Stock Units (RSUs) |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Restricted Stock Units | Restricted Stock Units A summary of unvested restricted stock units (“RSUs”) outstanding as of, and changes made during, the six months ended June 30, 2018, is presented below (shares in thousands):
| RSUs |  | Weighted Average Grant Price
Unvested restricted stock units outstanding, December 31, 2017 | 1,752 |  |  | $ | 0.57 |
Granted | 1,410 |  |  | 0.22 |
Vested | (306 | ) |  | 0.51 |
Forfeited | (463 | ) |  | 0.28 |
Unvested restricted stock units outstanding, June 30, 2018 | 2,393 |  |  | $ | 0.72 |
As of June 30, 2018, 988,000 vested RSUs issued to non-employee directors remain outstanding as shares of common stock have not yet been delivered due to the deferred payment provisions set forth in these RSUs. As of June 30, 2018, 1,528,000 unvested RSUs have performance-based vesting provisions and are subject to forfeiture, in whole or in part, if these performance conditions are not achieved. Management assesses, on an ongoing basis, the probability of whether the performance criteria will be achieved and, once it is deemed probable, stock-based compensation expense is recognized over the relevant performance period. As of June 30, 2018, 865,000 unvested RSUs have timed-based vesting provisions, and the cost of the RSUs is expensed, which is determined to be the fair market value of the shares at the date of grant, on a straight-line basis over the vesting period. Stock-based compensation expense related to RSUs is allocated as follows (in thousands):
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Cost of revenue | $ | 12 |  |  | $ | 8 |  |  | $ | 17 |  |  | $ | 19 |
Research and development | 18 |  |  | 14 |  |  | 28 |  |  | 29 |
Sales and marketing | 2 |  |  | — |  |  | 4 |  |  | 4 |
General and administrative | 75 |  |  | 80 |  |  | 98 |  |  | 180 |
| $ | 107 |  |  | $ | 102 |  |  | $ | 147 |  |  | $ | 232 |
The remaining unrecognized stock-based compensation expense for RSUs as of June 30, 2018 was $611,000. Of this amount $154,000 relates to time-based RSUs with a remaining weighted average period of 0.11 years. The remaining $457,000 of unrecognized stock-based compensation expense relates to performance-based RSUs for which expense will be recognized upon it becoming probable that the Company achieves defined financial targets for fiscal year 2018 and 2019.

X
- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |