Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.8.0.1
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity

A summary of the Company’s outstanding stock option activity for the nine months ended September 30, 2017, is as follows:

 

          September 30, 2017        
    Options     Weighted-Average
Exercise Price 		    Weighted-
Average Remaining
Contractual Life
(Years) 		    Intrinsic
Value 		 
As of December 31, 2016     11,446     $ 2.55       8.2     $ -  
Granted     -       -       -       -  
Exercised     -       -       -       -  
Forfeited     -       -       -       -  
Expired     (47 )     63.78       -       -  
As of September 30, 2017     11,399     $ 2.30       7.3       -  
Exercisable as of September 30, 2017     11,025     $ 2.82       7.3       -  
Expected to vest as of September 30, 2017     11,399     $ 2.30       7.3       -  

Schedule of Black-Scholes-Merton Option Pricing Model

The following weighted average assumptions were used in the calculation to estimate the fair value of options granted to employees during the nine months ended September 30, 2016 (no options were granted for the nine months ended September 30, 2017):

 

    Nine Months Ended  
    September 30, 2016  
Weighted-average risk-free interest rate     1.6 %
Weighted-average expected life (in years)     6.3  
Expected dividend yield     - %
Weighted-average expected volatility     65.0 %

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

Total stock-based compensation expense included in the condensed consolidated statements of operations is allocated as follows (in thousands):

 

    Three Months Ended September 30,    

Nine Months Ended

September 30,

  
    2017     2016     2017     2016  
Cost of revenue   $ -     $ 6     $ 10     $ 13  
Research and development     11       18       61       71  
General and administrative     23       20       69       95  
Selling and marketing     20       1       33       18  
Capitalized into inventory     -       11       -       14  
    $ 54     $ 56     $ 173     $ 211  

Schedule of Unrecognized Compensation Cost, Nonvested Awards

Unrecognized stock-based compensation as of September 30, 2017 is as follows (in thousands):

 

          Weighted Average  
    Unrecognized Stock-Based     Remaining
of Recognition 		 
    Compensation     (in years)  
Stock options   $ 88       0.65