Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.20.2
Stock-Based Compensation (Tables)
6 Months Ended
Sep. 30, 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

 

 

Six Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

    

2020

    

2019

    

 

2020

    

2019

 

Cost of goods sold

 

$

20

    

$

18

 

 

$

37

    

$

36

 

Research and development

 

 

 6

 

 

10

 

 

 

18

 

 

20

 

Selling, general and administrative

 

 

193

 

 

76

 

 

 

374

 

 

310

 

Stock-based compensation expense

 

$

219

 

$

104

 

 

$

429

 

$

366

 

 

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 September 30, 2020

 

8,924

 

$

218.32

 

2.1

 

 

 —

 

Options fully vested at September 30, 2020 and those expected to vest beyond September 30, 2020

 

8,924

 

$

218.32

 

2.1

 

 

 —

 

Options exercisable at September 30, 2020

 

8,924

 

$

218.32

 

2.1

 

 

 —

 

 

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

 

210,748

 

 

4.27

 

Vested and issued

 

(74,894)

 

 

6.69

 

Forfeited

 

(13,187)

 

 

5.21

 

Non-vested restricted stock units outstanding at September 30, 2020

 

453,497

 

 

5.31

 

Restricted stock units expected to vest beyond September 30, 2020

 

453,497

 

$

5.31

 

 

Schedule of additional information on restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

September 30,

 

September 30,

 

    

2020

    

2019

    

2020

    

2019

Restricted stock compensation expense (in thousands)

 

$

219

    

$

104

    

$

429

    

$

366

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

 

$

243

    

$

179

    

$

265

    

$

181

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

 

$

4.27

    

$

6.80

    

$

4.27

    

$

8.20