Annual report pursuant to Section 13 and 15(d)

Stock Based Awards (Tables)

v3.19.1
Stock Based Awards (Tables)
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes stock option transactions for the 2007 Plan and 2015 Plan, collectively, for the year ended December 31, 2018 (in thousands, except per amounts):

 

    Number of
Shares
Available
for Grant 		    Total
Options
Outstanding 		    Weighted
Average
Exercise
Price 		    Aggregate
Intrinsic
Value 		 
Balance at December 31, 2017     1,656       711     $ 8.39     $ 1,640  
Exercised     -       (143 )     1.69       -  
Granted     (925 )     925       2.78       -  
Cancelled     142       (142 )     3.92       -  
Balance at December 31, 2018     873       1,351     $ 5.73     $ 788  
Schedule of Weighted Average Assumptions Used

The Black-Scholes option pricing model includes the following weighted average assumptions for grants made during the year ended December 31, 2018:

 

Assumptions:      
Weighted average per share grant date fair value   $ 2.11  
Risk-free interest rate     2.99 %
Expected dividend yield     0.00 %
Expected volatility     90.00 %
Expected terms (in years)     6.1  
Schedule of Common Stock Reserved Future Issuance

The following table presents information concerning common stock available for future issuance as of December 31, (in thousands):

 

    2018     2017  
             
Stock options issued and outstanding     1,351       711  
Shares authorized for future option grants     873       1,656  
Convertible notes     -       124  
Warrants outstanding     243       209  
Total     2,467       2,700