Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.23.2
Stock-based Compensation (Tables)
 6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense

Stock-based compensation expense for the three and six months ended June 30, 2023 and 2022 is as follows:

 

Schedule of Stock-based Compensation Expense

    2023     2022     2023     2022  
    Three Months Ended June 30,     Six Months Ended June 30,  
    2023     2022     2023     2022  
Cost of revenues   $ 50     $ 9     $ 202     $ 20  
Sales and marketing     86       (28 )     132       (2 )
General and administrative     222       240       333       465  
Research and development     —       (5 )     —       16  
Stock-based compensation expenses   $ 358     $ 216     $ 667     $ 499  
Summary of Stock Option Activity

Stock option activity for the six months ended June 30, 2023, is set forth in the table below:

 

          Weighted     Weighted average        
          average     remaining     Aggregate  
          exercise price     contractual life     Intrinsic  
    Options     per share     (in years)     Value*  
Outstanding at January 1, 2023     4,476,215     $ 0.95       9.76     $ 358  
Options granted     1,373,000     $ 0.54                  
Options exercised     —                          
Options forfeited     —                          
Options expired     (7,833 )     4.50                  
Outstanding at June 30, 2023     5,841,382     $ 0.85       9.35     $ 4,065  
                                 
Exercisable at June 30, 2023     1,051,896     $ 2.45       9.15     $ 734  

 

* The intrinsic value is calculated as the difference between the exercise price and the fair value of the common stock on the balance sheet date.
Schedule of Outstanding Restricted Stock Units

RSU activity for the six months ended June 30, 2023, is set forth in the table below:

 

Schedule of Outstanding Restricted Stock Units

    RSUs  
Outstanding at January 1, 2023     860,888  
Granted     87,100  
Released     (19,849 )
Forfeited     (5,200 )
Outstanding at June 30, 2023     922,939