Stock-based Compensation (Tables)
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12 Months Ended |
Dec. 31, 2019 |
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
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Schedule of Stock-based Compensation Expense |
Stock-based compensation expense is as follows:
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For the Year Ended
|
|
|
|
December 31
|
|
|
|
2019
|
|
|
2018
|
|
Research and development
|
|
$
|
394
|
|
|
$
|
41
|
|
Sales and marketing
|
|
|
664
|
|
|
|
66
|
|
General and administrative
|
|
|
5,208
|
|
|
|
111
|
|
Cost of revenues
|
|
|
42
|
|
|
|
34
|
|
|
|
$
|
6,308
|
|
|
$
|
252
|
|
|
Summary of Stock Option Activity |
Stock option activity for the years ended December 31, 2019 and 2018 is as follows:
|
|
|
|
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Weighted average
exercise price
|
|
|
Weighted average
remaining
contractual life
|
|
|
Aggregate
Intrinsic
|
|
|
|
Options
|
|
|
per share
|
|
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(in years)
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|
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Value
|
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Outstanding at January 1, 2018
|
|
|
1,126,722
|
|
|
$
|
0.68
|
|
|
|
8.14
|
|
|
$
|
470
|
|
Options granted
|
|
|
458,156
|
|
|
$
|
0.90
|
|
|
|
|
|
|
|
|
|
Options exercised
|
|
|
(15,475
|
)
|
|
$
|
1.12
|
|
|
|
|
|
|
|
|
|
Options forfeited
|
|
|
(249,206
|
)
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|
$
|
0.61
|
|
|
|
|
|
|
|
|
|
Options cancelled
|
|
|
—
|
|
|
|
—
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|
|
|
|
|
|
|
|
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Outstanding at December 31, 2018
|
|
|
1,320,197
|
|
|
$
|
0.77
|
|
|
|
7.99
|
|
|
$
|
8,465
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options granted
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|
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1,635,853
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|
|
$
|
5.94
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|
|
|
|
|
|
|
|
|
Options exercised
|
|
|
(95,739
|
)
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|
$
|
0.85
|
|
|
|
|
|
|
|
|
|
Options forfeited
|
|
|
(186,266
|
)
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|
$
|
7.02
|
|
|
|
|
|
|
|
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|
Options cancelled
|
|
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(28,331
|
)
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|
$
|
2.72
|
|
|
|
|
|
|
|
|
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Outstanding at December 31, 2019
|
|
|
2,645,714
|
|
|
$
|
3.50
|
|
|
|
8.51
|
|
|
$
|
4,184
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Vested and expected to vest at December 31, 2019
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2,645,714
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|
|
$
|
3.50
|
|
|
|
8.51
|
|
|
$
|
4,184
|
|
Vested at December 31, 2019
|
|
|
1,058,169
|
|
|
$
|
2.80
|
|
|
|
7.05
|
|
|
$
|
2,431
|
|
|
Summary of Fair Value of Option Grants Valuation Assumptions |
The calculated fair value of option grants made during the years ended December 31, 2019 and 2018, were estimated using the following Black-Scholes option pricing model assumptions:
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2019
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|
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2018
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Expected dividend yield
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|
0
|
%
|
|
|
0
|
%
|
Risk-free interest rate*
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1.59%-2.33%
|
|
|
|
2.86
|
%
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Expected volatility
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|
|
50
|
%
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|
50
|
%
|
Expected life (in years)
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6.25
|
|
|
5.75-6.25
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*All 2018 options granted on same date.
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Summary of Stock Options Outstanding |
The following table summarizes information about stock options outstanding as of December 31, 2019 and 2018:
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2019
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|
|
|
|
|
Options outstanding
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|
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Options exercisable
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Exercise price
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|
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Total Outstanding
|
|
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Weighted average
remaining
contractual life
|
|
|
Total exercisable
|
|
|
Weighted average
exercise price
|
|
$
|
0.45
|
|
|
|
356,906
|
|
|
|
4.70
|
|
|
|
286,322
|
|
|
$
|
0.45
|
|
$
|
0.75
|
|
|
|
325,747
|
|
|
|
7.09
|
|
|
|
255,364
|
|
|
$
|
0.75
|
|
$
|
0.90
|
|
|
|
369,056
|
|
|
|
8.69
|
|
|
|
219,743
|
|
|
$
|
0.90
|
|
$
|
1.35
|
|
|
|
41,815
|
|
|
|
4.58
|
|
|
|
45,148
|
|
|
$
|
1.35
|
|
$
|
1.50
|
|
|
|
35,232
|
|
|
|
5.52
|
|
|
|
38,565
|
|
|
$
|
1.50
|
|
$
|
2.26
|
|
|
|
169,000
|
|
|
|
9.84
|
|
|
|
-
|
|
|
$
|
2.26
|
|
$
|
2.48
|
|
|
|
610,000
|
|
|
|
9.92
|
|
|
|
-
|
|
|
$
|
2.48
|
|
$
|
3.87
|
|
|
|
219,640
|
|
|
|
10.00
|
|
|
|
-
|
|
|
$
|
3.87
|
|
$
|
10.94
|
|
|
|
518,318
|
|
|
|
9.27
|
|
|
|
213,027
|
|
|
$
|
10.94
|
|
|
|
|
|
|
2,645,714
|
|
|
|
7.05
|
|
|
|
1,058,169
|
|
|
$
|
2.80
|
|
|
|
|
|
2018
|
|
|
|
|
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Options outstanding
|
|
|
Options exercisable
|
|
Exercise price
|
|
|
Total Outstanding
|
|
|
Weighted average
remaining
contractual life
|
|
|
Total exercisable
|
|
|
Weighted average
exercise price
|
|
$
|
0.45
|
|
|
|
399,567
|
|
|
|
6.51
|
|
|
|
288,402
|
|
|
$
|
0.45
|
|
$
|
0.75
|
|
|
|
352,261
|
|
|
|
8.10
|
|
|
|
192,290
|
|
|
$
|
0.75
|
|
$
|
0.90
|
|
|
|
455,041
|
|
|
|
9.69
|
|
|
|
82,924
|
|
|
$
|
0.90
|
|
$
|
1.35
|
|
|
|
64,376
|
|
|
|
5.67
|
|
|
|
63,962
|
|
|
$
|
1.35
|
|
$
|
1.50
|
|
|
|
48,952
|
|
|
|
6.52
|
|
|
|
37,677
|
|
|
$
|
1.50
|
|
|
|
|
|
|
1,320,197
|
|
|
|
7.98
|
|
|
|
665,255
|
|
|
$
|
0.74
|
|
|
Summary of Outstanding RSU's |
The following table summarized the outstanding RSU’s as of December 31, 2019:
|
|
RSU's
|
|
Outstanding at January 1, 2018
|
|
|
—
|
|
Granted
|
|
|
287,500
|
|
Forfeited
|
|
|
(38,000
|
)
|
Outstanding at December 31, 2018
|
|
|
249,500
|
|
|
|
|
|
|
Vested at December 31, 2019
|
|
|
—
|
|
|