Sonim Technologies Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2021

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Schedule of Stock-based Compensation Expense

Stock-based compensation expense for the three and nine months ended September 30, 2021, and 2020 is as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Cost of revenues	$	16	$	16	$	48	$	39
Sales and marketing	45		59		156		165
General and administrative	189		173		426		371
Research and development	35		64		130		195
	$	285	$	312	$	760	$	770

Summary of Stock Option Activity

Stock option activity for the nine months ended September 30, 2021, is set forth in the table below and reflects the 1-for-10 Reverse Stock Split that became effective on September 15, 2021:

					Weighted average
				Weighted average	remaining		Aggregate
				exercise price	contractual life		Intrinsic
	Options			per share	(in years)		Value*
Outstanding at January 1, 2021	144,303		$	36.37	7.82	$	24
Options granted	—		$	—
Options exercised	(707	)	$	7.50
Options forfeited	(23,171	)	$	27.55
Options expired	(13,781	)	$	32.29
Outstanding at September 30, 2021	106,644		$	39.00	6.35	$	9


Exercisable at September 30, 2021	69,082		$	42.34	5.36	$	9

Summary of Outstanding RSU's

Restricted stock units’ (“RSU”) activity for the nine months ended September 30, 2021, is set forth in the table below and reflects the 1-for-10 Reverse Stock Split that became effective on September 15, 2021:

	RSUs
Outstanding at January 1, 2021		269,138
Granted		47,597
Released		(55,683	)
Forfeited		(84,175	)
Outstanding at September 30, 2021		176,877

Exercisable September 30, 2021		—