Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.8.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 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 years ended December 31, 2017 and 2016 is as follows:

 

          December 31, 2017        
          Weighted-
Average
    Weighted-
Average
Remaining
Contractual Life
       
    Options     Exercise Price     (Years)     Intrinsic Value  
Outstanding at December 31, 2016     11,446     $ 367.08       8.2     $      -  
Granted     -       -       -       -  
Exercised     -       -                   -       -  
Forfeited     -       -       -       -  
Expired     (144 )   $ 8,719.64       -       -  
Outstanding at December 31, 2017     11,302     $ 264.26       7.3     $ -  
Exercisable at December 31, 2017     9,835     $ 287.31       8.3     $ -  
Vested and expected to vest at December 31, 2017     11,302     $ 264.26       7.3     $                  -  

 

          December 31, 2016        
          Weighted-
Average
    Weighted-
Average
Remaining
Contractual Life
       
    Options     Exercise Price     (Years)     Intrinsic Value  
Outstanding at December 31, 2015     9,364     $ 498.60       -     $ -  
Granted     3,280       16.44                     -                                -  
Exercised     -            -       -       -  
Forfeited     -       -       -       -  
Expired     (1,198 )   $ 495.96       -       -  
Outstanding at December 31, 2016     11,446     $ 367.08       8.2     $ -  
Exercisable at December 31, 2016     8,996     $ 507.72       7.9     $ -  
Vested and expected to vest at December 31, 2016     11,446     $ 367.08       8.7     $ -  

Schedule of Fair Value Assumptions of Options

    December 31, 2016  
Weighted-average risk-free interest rate     1.63 %
Weighted-average expected life (in years)     6.30  
Expected dividend yield     0 %
Weighted-average expected volatility     66.00 %

Summary of Stock-Based Compensation Expense

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

 

    As of December 31,  
    2017     2016  
Cost of revenue   $ 10     $ 17  
Research and development     64       104  
General and administrative     92       132  
Selling and marketing     53       17  
Capitalized into inventory     -       3  
    $ 219     $ 273  

Schedule of Unrecognized Stock-Based Compensation

Unrecognized stock-based compensation at December 31, 2016 and 2017 were as follows (in thousands):

 

    As of December 31, 2016  
          Weighted  
          Average  
          Remaining  
    Unrecognized
Stock-Based
    Period
of Recognition
 
    Compensation     (in years)  
Stock options   $                    256                    1.13  
                 

 

    As of December 31, 2017  
          Weighted  
          Average  
          Remaining  
    Unrecognized
Stock-Based
    Period
of Recognition
 
    Compensation     (in years)  
Stock options   $                   37                    0.40