Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.24.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock based Compensation Expense

Stock-based compensation expense is as follows:

 

    2024     2023     2024     2023  
    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2024     2023     2024     2023  
Cost of revenues   $ 15     $ 28     $ 42     $ 230  
Research and development     15       22       35       22  
Sales and marketing     99       90       289       222  
General and administrative     244       231       803       564  
Stock-based compensation expenses   $ 373     $ 371     $ 1,169     $ 1,038  
Summary of Stock Option Activity

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

 

          Weighted     Weighted average        
          average     remaining      
          exercise price     contractual life     Aggregate
Intrinsic
 
    Options     per share     (in years)     Value*  
Outstanding at January 1, 2024     514,674     $ 9.28                  
Granted     242,000       5.92                  
Exercised                            
Forfeited and Expired     (13,552 )     99.29                  
Outstanding at September 30, 2024     743,122     $ 6.55       8.59     $  
Vested and Expected to Vest at September 30, 2024     743,122     $ 6.55       8.59     $  
Exercisable at September 30, 2024     283,167     $ 8.57       8.12     $  

 

* 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 nine months ended September 30, 2024, is set forth in the table below and has been adjusted retrospectively for the Reverse Stock Split:

 

    RSUs  
Outstanding at January 1, 2024     68,185  
Granted     38,248  
Released     (47,929 )
Forfeited     (6,780 )
Outstanding at September 30, 2024     51,724