Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.10.0.1
Stock-Based Compensation (Tables)
 6 Months Ended
Sep. 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 three and six months ended September 30, 2018 and 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

September 30,

 

September 30,

 

 

    

2018

    

2017

    

2018

    

2017

 

Cost of goods sold

 

$

13

    

$

18

 

$

25

    

$

38

 

Research and development

 

 

 6

 

 

 5

 

 

13

 

 

12

 

Selling, general and administrative

 

 

205

 

 

130

 

 

413

 

 

257

 

Stock-based compensation expense

 

$

224

 

$

153

 

$

451

 

$

307

 

 

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

 

(2,500)

 

$

55.20

 

 

 

 

 

 

Options outstanding at September 30, 2018

 

209,892

 

$

20.30

 
2.4

 

 

 —

 

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

 

209,892

 

$

20.30

 
2.4

 

 

 —

 

Options exercisable at September 30, 2018

 

209,892

 

$

20.30

 
2.4

 

 

 —

 

 

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

 

634,856

 

 

1.36

 

Vested and issued

 

(465,165)

 

 

0.88

 

Forfeited

 

(32,945)

 

 

0.86

 

Nonvested restricted stock units outstanding at September 30, 2018

 

2,148,357

 

 

1.04

 

Restricted stock units expected to vest beyond September 30, 2018

 

2,148,334

 

$

1.04

 

 

Schedule of additional information on restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

September 30,

 

September 30,

 

 

    

2018

    

2017

    

2018

    

2017

 

Restricted stock compensation expense (in thousands)

 

$

224

    

$

144

 

$

451

    

$

287

 

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

 

$

516

 

$

130

 

$

523

 

$

137

 

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

 

$

1.14

 

$

0.62

 

$

1.36

 

$

0.67

 

 

Schedule of restricted stock award activity

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

September 30,

 

September 30,

 

 

    

2017

    

2017

 

Restricted stock awards compensation expense (in thousands)

 

$

 1

 

$

 3

 

Restricted stock awards granted

 

 

1,953

 

 

3,969

 

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

 

$

0.64

 

$

0.63