Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.10.0.1
Stock-Based Compensation (Tables)
9 Months Ended
Dec. 31, 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 nine months ended December 31, 2018 and 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

December 31,

 

December 31,

 

 

    

2018

    

2017

    

2018

    

2017

 

Cost of goods sold

 

$

13

    

$

 —

 

$

38

    

$

38

 

Research and development

 

 

 8

 

 

 4

 

 

21

 

 

16

 

Selling, general and administrative

 

 

271

 

 

98

 

 

684

 

 

355

 

Stock-based compensation expense

 

$

292

 

$

102

 

$

743

 

$

409

 

 

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

 

(30,000)

 

$

20.47

 

 

 

 

 

 

Options outstanding at December 31, 2018

 

182,392

 

$

20.75

 

2.5

 

 

 —

 

Options fully vested at December 31, 2018 and those expected to vest beyond December 31, 2018

 

182,392

 

$

20.75

 

2.5

 

 

 —

 

Options exercisable at December 31, 2018

 

182,392

 

$

20.75

 

2.5

 

 

 —

 

 

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

 

1,011,356

 

 

1.16

 

Vested and issued

 

(586,066)

 

 

0.90

 

Forfeited

 

(50,906)

 

 

0.93

 

Nonvested restricted stock units outstanding at December 31, 2018

 

2,385,995

 

 

1.01

 

Restricted stock units expected to vest beyond December 31, 2018

 

2,385,972

 

$

1.01

 

 

Schedule of additional information on restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

December 31,

 

December 31,

 

 

    

2018

    

2017

    

2018

    

2017

 

Restricted stock compensation expense (in thousands)

 

$

292

    

$

102

 

$

743

    

$

389

 

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

 

$

91

 

$

19

 

$

614

 

$

156

 

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

 

$

0.82

 

$

0.89

 

$

1.16

 

$

0.76