Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.10.0.1
Stock-Based Compensation (Tables)
3 Months Ended
Jun. 30, 2018
Stockholders' Equity.  
Summary of stock-based compensation expense by statement of operations line item

The following table summarizes, by condensed consolidated statement of operations line item, stock-based compensation expense for the Company’s first quarter of Fiscal 2019 and 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

 

 

2018

    

2017

 

Cost of goods sold

 

$

12

    

$

20

 

Research and development

 

 

 7

 

 

 7

 

Selling, general and administrative

 

 

208

 

 

127

 

Stock-based compensation expense

 

$

227

 

$

154

 

 

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, 2018

    

212,392

    

$

20.71

    

 

    

 

 

 

Granted

 

 —

 

$

 —

 

 

 

 

 

 

Exercised

 

 —

 

$

 —

 

 

 

 

 

 

Forfeited, cancelled or expired

 

 —

 

$

 —

 

 

 

 

 

 

Options outstanding at June 30, 2018

 

212,392

 

$

20.71

 

2.6

 

 

 —

 

Options fully vested at June 30, 2018 and those expected to vest beyond June 30, 2018

 

212,392

 

$

20.71

 

2.6

 

 

 —

 

Options exercisable at June 30, 2018

 

212,392

 

$

20.71

 

2.6

 

 

 —

 

 

Summary of restricted stock activity

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

Average Grant

 

 

 

 

 

Date Fair

 

Restricted Stock Units and Performance Restricted Stock Units

 

Shares

 

Value

 

Nonvested restricted stock units outstanding at March 31, 2018

    

2,011,611

    

$

0.90

 

Granted

 

309,202

 

 

1.59

 

Vested and issued

 

(4,688)

 

 

21.46

 

Forfeited

 

(10,162)

 

 

1.02

 

Nonvested restricted stock units outstanding at June 30, 2018

 

2,305,963

 

 

0.95

 

Restricted stock units expected to vest beyond June 30, 2018

 

2,305,940

 

$

0.95

 

 

Schedule of additional information on restricted stock units

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

 

 

2018

    

2017

 

Restricted stock compensation expense (in thousands)

 

$

227

    

$

139

 

Aggregate fair value of restricted stock units vested and issued (in thousands)

 

$

 7

 

$

 7

 

Weighted average grant date fair value of restricted stock units granted during the period

 

$

1.59

 

$

0.67

 

 

Schedule of restricted stock award activity

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

June 30, 2017

 

Restricted stock awards compensation expense (in thousands)

 

$

 7

 

Restricted stock awards granted

 

 

2,016

 

Weighted average grant date fair value of restricted stock awards granted during the period

 

$

0.62