Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.19.2
Stock-Based Compensation (Tables)
 3 Months Ended
Jun. 30, 2019
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 2020 and 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

June 30,

 

    

2019

    

2018

Cost of goods sold

 

$

18

    

$

12

Research and development

 

 

10

 

 

 7

Selling, general and administrative

 

 

234

 

 

208

Stock-based compensation expense

 

$

262

 

$

227

 

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, 2019

    

174,944

    

$

20.94

    

 

    

 

 

 

Granted

 

 —

 

$

 —

 

 

 

 

 

 

Exercised

 

 —

 

$

 —

 

 

 

 

 

 

Forfeited, cancelled or expired

 

(33,500)

 

$

16.21

 

 

 

 

 

 

Options outstanding at June 30, 2019

 

141,444

 

$

22.05

 
2.6

 

 

 —

 

Options fully vested at June 30, 2019 and those expected to vest beyond June 30, 2019

 

141,444

 

$

22.05

 
2.6

 

 

 —

 

Options exercisable at June 30, 2019

 

141,444

 

$

22.05

 
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, 2019

    

2,217,433

    

$

1.02

 

Granted

 

905,848

 

 

0.59

 

Vested and issued

 

(2,278)

 

 

12.80

 

Forfeited

 

(36,329)

 

 

0.85

 

Nonvested restricted stock units outstanding at June 30, 2019

 

3,084,674

 

 

0.89

 

Restricted stock units expected to vest beyond June 30, 2019

 

3,084,651

 

$

0.89

 

 

Schedule of additional information on restricted stock units

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

 

    

2019

    

2018

 

Restricted stock compensation expense (in thousands)

 

$

262

    

$

227

 

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

 

$

 2

 

$

 7

 

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

 

$

0.59

 

$

1.59