Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

Stock-Based Compensation (Tables)

3 Months Ended

Jun. 30, 2017

Stockholders' Equity.

Summary of stock-based compensation expense by statement of operations line item

The following table summarizes, by statement of operations line item, stock-based compensation expense for the Company’s first quarter of Fiscal 2018 and 2017 (in thousands):


		Three months ended
		June 30,
		2017			2016
Cost of goods sold		$	20		$	15
Research and development			7			3
Selling, general and administrative			127			220
Stock-based compensation expense		$	154		$	238

Summary of stock option activity



							Weighted-
							Average
				Weighted-			Remaining		Aggregate
				Average			Contractual		Intrinsic
		Shares		Exercise Price			Term		Value
							(in years)
Options outstanding at March 31, 2017		314,537		$	15.48
Granted		—		$	—
Exercised		—		$	—
Forfeited, cancelled or expired		(2,500)		$	26.92
Options outstanding at June 30, 2017		312,037		$	15.39		5.2			—
Options fully vested at June 30, 2017 and those expected to vest beyond June 30, 2017		312,037		$	15.39		5.2			—
Options exercisable at June 30, 2017		223,107		$	20.85		3.6			—

Summary of restricted stock unit and performance restricted stock unit activity


				Weighted
				Average Grant
				Date Fair
Restricted Stock and Performance Restricted Stock Units		Shares		Value
Nonvested restricted stock units outstanding at March 31, 2017		316,709		$	2.85
Granted		29,540			0.67
Vested and issued		(9,191)			20.22
Forfeited		(2,255)			2.97
Nonvested restricted stock units outstanding at June 30, 2017		334,803			2.18
Restricted stock units expected to vest beyond June 30, 2017		334,780		$	2.18

Schedule of additional information on restricted stock units


		Three months ended
		June 30,
		2017			2016
Restricted stock compensation expense (in thousands)		$	139		$	188
Aggregate fair value of restricted stock units vested and issued (in thousands)		$	7		$	22
Weighted average grant date fair value of restricted stock units granted during the period		$	0.67		$	—

Schedule of restricted stock award activity


		Three Months Ended
		June 30,
		2017			2016
Restricted stock awards compensation expense (in thousands)		$	7		$	50
Restricted stock awards granted			2,016			32,201
Weighted average grant date fair value of restricted stock awards granted during the period		$	0.62		$	1.57