Annual report pursuant to Section 13 and 15(d)

Stock Based Awards (Tables)

v3.20.1
Stock Based Awards (Tables)
 12 Months Ended
Dec. 31, 2019
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, 2019 and 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       1.78       -  
Cancelled     142       (142 )     3.92       -  
Balance at December 31, 2018     873       1,351     $ 5.73     $ 788  
Exercised     -       -       -       -  
Authorized     2,295       -       -       -  
Cancelled     420       (420 )     7.04       -  
Balance at December 31, 2019     3,588       931     $ 4.14     $ -  

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):

 

    2019     2018  
             
Stock options issued and outstanding     931       1,351  
Shares authorized for future option grants     3,588       873  
Convertible notes     -       -  
Warrants outstanding     243       243  
Total     4,762       2,467