Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.4
Stock-Based Compensation (Tables)
9 Months Ended
Dec. 31, 2022
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,

    

2022

    

2021

    

2022

    

2021

 

Cost of goods sold

$

8

    

$

29

$

23

    

$

86

Research and development

 

24

 

22

 

73

 

57

Selling, general and administrative

 

200

 

284

 

521

 

830

Stock-based compensation expense

$

232

$

335

$

617

$

973

Summary of stock option 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, 2022

    

591,805

    

$

5.66

Granted

 

512,164

2.11

Vested and issued

 

(152,616)

5.81

Forfeited

 

(214,517)

4.55

Non-vested restricted stock units outstanding at December 31, 2022

 

736,836

3.48

Restricted stock units expected to vest beyond December 31, 2022

 

736,836

$

3.48

Summary of restricted stock activity

Three Months Ended December 31,

Nine Months Ended December 31,

    

2022

    

2021

    

2022

    

2021

Restricted stock compensation expense (in thousands)

$

232

    

$

335

    

$

617

    

$

973

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

$

37

    

$

94

    

$

423

    

$

798

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

$

1.59

    

$

4.70

    

$

2.11

    

$

5.45