Phunware, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Compensation costs that have been included in our condensed consolidated statements of operations and comprehensive loss for all stock-based compensation arrangements is set forth below:


	Three Months Ended March 31,
Stock-based compensation	2023		2022
Cost of revenues	$	253	$	46
Sales and marketing	97		18
General and administrative	859		472
Research and development	153		28
Total stock-based compensation	$	1,362	$	564

Summary of Restricted Stock Unit Activity

A summary of our restricted stock unit activity under the 2018 Plan for the three months ended March 31, 2023 is set forth below:


	Shares	Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2022	2,957,995	$	1.75
Granted	2,293,704	0.92
Released	(1,221,562)	0.97
Forfeited	(20,500)	2.69
Outstanding as of March 31, 2023	4,009,637	$	1.37

Summary of Stock Option Activity

A summary of our stock option activity under the 2018 Plan and related information is as follows:


	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2022	87,500	$	1.43	5.6	$	—
Granted	—	—
Exercised	—	—
Forfeited	—	—
Outstanding as of March 31, 2023	87,500	$	1.43	5.4	$	—
Exercisable as of March 31, 2023	87,500	$	1.43	5.4	$	—

A summary of our option activity under the 2009 Plan and related information is as follows:


	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2022	874,279	$	0.80	4.2	$	130
Granted	—	—
Exercised	(94,748)	0.61
Forfeited	—	—
Outstanding as of March 31, 2023	779,531	$	0.83	4.5	$	73
Exercisable as of March 31, 2023	779,138	$	0.83	4.5	$	73