Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.20.4
Stock-Based Compensation (Tables)
9 Months Ended
Dec. 31, 2020
Stock-Based Compensation  
Summary of stock-based compensation expense by statement of operations line item

The following table summarizes, by condensed consolidated statements of operations line item, stock-based compensation expense (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

    

2020

    

2019

    

 

2020

    

2019

 

Cost of goods sold

 

$

22

    

$

17

 

 

$

59

    

$

52

 

Research and development

 

 

11

 

 

12

 

 

 

29

 

 

33

 

Selling, general and administrative

 

 

216

 

 

274

 

 

 

590

 

 

584

 

Stock-based compensation expense

 

$

249

 

$

303

 

 

$

678

 

$

669

 

 

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, 2020

    

11,249

    

$

215.56

    

 

    

 

 

 

Forfeited, cancelled or expired

 

(2,325)

 

$

204.97

 

 

 

 

 

 

Options outstanding at December 31, 2020

 

8,924

 

$

218.32

 

1.8

 

 

 —

 

Options fully vested at December 31, 2020 and those expected to vest beyond December 31, 2020

 

8,924

 

$

218.32

 

1.8

 

 

 —

 

Options exercisable at December 31, 2020

 

8,924

 

$

218.32

 

1.8

 

 

 —

 

 

Summary of restricted stock activity

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

Average Grant

 

 

 

 

 

Date Fair

 

Restricted Stock Units and Performance Restricted Stock Units

 

Shares

 

Value

 

Non-vested restricted stock units outstanding at March 31, 2020

    

330,830

    

$

6.28

 

Granted

 

224,748

 

 

4.39

 

Vested and issued

 

(89,833)

 

 

7.00

 

Forfeited

 

(13,187)

 

 

5.21

 

Non-vested restricted stock units outstanding at December 31, 2020

 

452,558

 

 

5.23

 

Restricted stock units expected to vest beyond December 31, 2020

 

452,558

 

$

5.23

 

 

Schedule of additional information on restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

December 31,

 

December 31,

 

    

2020

    

2019

    

2020

    

2019

Restricted stock compensation expense (in thousands)

 

$

249

    

$

303

    

$

678

    

$

669

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

 

$

87

    

$

54

    

$

352

    

$

235

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

 

$

6.22

    

$

3.21

    

$

4.39

    

$

5.95