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)

9 Months Ended

Sep. 30, 2024

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 September 30,				Nine months ended September 30,
Stock-based compensation	2024		2023		2024		2023
Cost of revenues	$	51	$	80	$	145	$	444
Sales and marketing		20		24		51		156
General and administrative		154		699		1,280		2,818
Research and development		17		35		56		244
Total stock-based compensation	$	242	$	838	$	1,532	$	3,662

Schedule of Restricted Stock Unit Activity

A summary of our restricted stock unit activity for the nine months ended September 30, 2024 is set forth below:


	Shares			Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2023		96,808		$	25.21
Granted		84,081			5.63
Released		(127,834	)		11.93
Forfeited		(2,530	)		17.47
Outstanding as of September 30, 2024		50,525		$	26.61

Schedule of Stock Option Activity

summary of our stock option activity under the 2018 Equity Incentive Plan (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, 2023		2,500	$	56.89	4.2	$	-
Granted		-		-
Exercised		-		-
Forfeited		-		-
Outstanding as of September 30, 2024		2,500	$	56.89	3.69	$	-
Exercisable as of September 30, 2024		2,500	$	56.89	3.69	$	-