Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.8.0.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 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 six months ended June 30, 2017, is as follows:

 

          June 30, 2017        
                Weighted-Average        
          Weighted-     Remaining        
          Average     Contractual Life     Intrinsic  
    Options     Exercise Price     (Years)     Value  
As of December 31, 2016     137,347     $ 30.59       8.2     $ -   
Granted     -       -                  
Exercised     -       -                  
Forfeited     -       -                  
Expired     (563 )     765.40                  
As of June 30, 2017     136,784     $ 27.66       7.7       -  
Exercisable as of June 30, 2017     116,131     $ 35.77       7.5       -  
Expected to vest as of June 30, 2017     136,784     $ 27.66       7.7       -  

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 six months ended June 30, 2016 (no options were granted for the six months ended June 30, 2017):

 

    Six Months Ended  
    June 30, 2016  
Weighted-average risk-free interest rate     1.86 %
Weighted-average expected life (in years)     6.30  
Expected dividend yield     0.00 %
Weighted-average expected volatility     65.00 %

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 June 30,     Six Months Ended June 30,  
    2017     2016     2017     2016  
Cost of revenue   $ 5     $ 3     $ 10     $ 7  
Research and development     24       20       50       49  
General and administrative     23       31       46       69  
Selling and marketing     7       2       13       17  
Capitalized into inventory     -       1       -       3  
    $ 59     $ 57     $ 119     $ 145  

Schedule of Unrecognized Compensation Cost, Nonvested Awards

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

 

          Weighted Average  
    Unrecognized Stock-Based     Remaining
of Recognition 		 
    Compensation     (in years)  
Stock options   $ 142       0.78