Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

v3.25.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Based Compensation Expense

Stock-based compensation expense is as follows:

 

    2025     2024  
    Three Months Ended  
    March 31,  
    2025     2024  
Cost of revenues   $ 2     $ 12  
Research and development     2       7  
Sales and marketing     65       86  
General and administrative     221       219  
Stock-based compensation expenses   $ 290     $ 324  
Summary of Stock Option Activity

Stock option activity for the three months ended March 31, 2025, is set forth in the table below:

 

    Options     Weighted average exercise price per share     Weighted average remaining contractual life (in years)     Aggregate
Intrinsic Value*
 
Outstanding at January 1, 2025     755,494     $ 6.48                         
Granted                            
Exercised                            
Forfeited and Expired     (35,319 )     4.69                  
Outstanding at March 31, 2025     720,175     $ 6.57       8.00     $  
Vested and Expected to Vest at March 31, 2025     720,175     $ 6.57       8.00     $  
Exercisable at March 31, 2025     360,950     $ 7.83       7.53     $  

 

* 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 three months ended March 31, 2025, is set forth in the table below:

 

    RSUs  
Outstanding at January 1, 2025     67,962  
Granted     555,845  
Released     (2,149 )
Forfeited      
Outstanding at March 31, 2025     621,658