Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock based Compensation Expense

Stock-based compensation expense is as follows:

 

Schedule of Stock based Compensation Expense 

    2024     2023     2024     2023  
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2024     2023     2024     2023  
Cost of revenues   $ 15     $ 50     $ 27     $ 202  
Research and development     13             20        
Sales and marketing     104       86       190       132  
General and administrative     340       222       559       333  
Stock-based compensation expenses   $ 472     $ 358     $ 796     $ 667  
Summary of Stock Option Activity

Stock option activity for the six months ended June 30, 2024, is set forth in the table below and has been adjusted retrospectively for the Reverse Stock Split:

 

Summary of Stock Option Activity 

          Weighted     Weighted average        
          average     remaining     Aggregate  
          exercise price     contractual life     Intrinsic  
    Options     per share     (in years)     Value*  
Outstanding at January 1, 2024     514,674     $ 9.28                  
Granted     222,800       6.16                  
Exercised                            
Forfeited and Expired     (6,825 )     147.24                  
Outstanding at June 30, 2024     730,649     $ 7.04       8.85     $ 3,447  
Vested and Expected to Vest at June 30, 2024     730,649     $ 7.04       8.85     $ 3,447  
Exercisable at June 30, 2024     238,439     $ 9.80       8.43     $ 1,213  

 

* 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

Restricted Stock Unit (“RSU”) activity for the six months ended June 30, 2024, is set forth in the table below and has been adjusted retrospectively for the Reverse Stock Split:

 

Schedule of Outstanding Restricted Stock Units 

    RSUs  
Outstanding at January 1, 2024     68,185  
Granted     38,248  
Released     (38,545 )
Forfeited     (6,780 )
Outstanding at June 30, 2024     61,108