Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.19.3
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Restricted Stock Unit Activity
A summary of the Company’s restricted stock unit activity under the 2018 Plan is set forth below:
Shares Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2018 —    $ —   
Granted 2,268,363    3.65
Released (22,500)   7.34   
Forfeited (142,500)   2.93   
Outstanding as of September 30, 2019 2,103,363    $ 3.66   
Stock-Based Compensation
A summary of the Company’s stock 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, 2018 2,364,823    $ 0.90    8.12 $ 71,332   
Granted —    —   
Released (282,086)   0.55   
Forfeited (362,398)   1.69   
Outstanding as of September 30, 2019 1,720,339    $ 0.79    7.16 $ 1,281   
Exercisable as of September 30, 2019 1,157,519    $ 0.71    6.63 $ 911   
Schedule of Stock Options Granted
The fair value of stock options granted is estimated on the date of grant using the Black-Scholes option-pricing model. The following table sets forth information relating to stock options granted:
Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018
Weighted average risk-free rate N/A    2.51%   
Expected dividend yield —    —   
Weighted average expected life (years) N/A    6.08
Weighted average volatility N/A    56.87%   
Condensed Income Statement
Compensation costs that have been included on the Company’s consolidated statements of operations and comprehensive loss for all stock-based compensation arrangements are detailed as follows:
Three Months Ended September 30, Nine Months Ended September 30,
Stock-based compensation 2019 2018 2019 2018
Cost of revenues $ 68    $ 14    $ 106    $ 32   
Sales and marketing 30    16    14    31   
General and administrative 492    32    864    183   
Research and development 94    12    127    39   
Total stock-based compensation $ 684    $ 74    $ 1,111    $ 285