Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.20.1
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2020
DESCRIPTION OF BUSINESS  
Schedule of Equity incentive plan

 

Awards

Reserved for

Issuance

 

Awards

Outstanding

 

Awards

Available for

Grant

 

2016 Equity incentive plan

 

2,000,000

 

544,397

 

1,455,603

 

2018 Equity incentive plan

 

43,976,425

 

4,661,332

 

39,315,093

Schedule of Stock option activity

 

Number of

Shares

 

Weighted-Average Exercise Price Per Share

 

Weighted-Average Remaining Contractual Life

 

Aggregate Intrinsic Value of In-the-Money Options

 

Options outstanding as of January 1, 2020

 

12,365,295

 

$

1.24

 

Options granted

 

-

 

$

-

 

Options exercised

 

-

 

$

-

 

Options forfeited

 

(6,416,667

)

 

$

1.29

 

Options expired

 

(233,334

)

 

$

1.36

 

Options outstanding as of March 31, 2020

 

5,715,294

 

$

1.18

 

8.7 years

 

$

-

 

Options exercisable as of March 31, 2020

 

3,320,582

 

$

1.31

 

 8.5 years

 

$

-

Schedule of Stock-based compensation expense

 

(in thousands except for shares / options)

For the Three Months Ended

 

March 31, 2020

 

March 31, 2019

 

Type of Award

 

Number of

Shares or

Options

Granted

 

Stock-Based Compensation

Expense

 

Number of

Shares or

Options

Granted

 

Stock-Based Compensation

Expense

 

Stock options

 

-

 

$

944

 

442,292

 

$

1,282

 

Stock grants:

 

Employees (common stock)

 

2,353,115

 

-

 

(*)

 

385,536

 

315

 

Non–employee consultants (common stock)

 

825,000

 

16

 

(*)

 

26,376

 

23

 

Total stock–based compensation expense

 

$

960

 

$

1,621