Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.21.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock Option Activity



 



 

   

Options

Outstanding at December 31, 2019

5,781,884 

Granted

1,545,000 

Exercised

(15,000)

Forfeit/canceled

(814,068)

Expired

(490,264)

Outstanding at December 31, 2020

6,007,552 

Granted

67,500 

Exercised

 —

Forfeit/canceled

(70,156)

Expired

(89,836)

Outstanding at March 31, 2021

5,915,060 



Valuation Assumptions



 

 

 

 

 

   

Three Months Ended



March 31,

   

2021

 

2020

Risk-free interest rate

1.01 

%

 

0.58 

%

Expected life (years)

6.00 

 

 

6.00 

 

Expected dividend yield

 —

%

 

 —

%

Expected volatility

73.97 

%

 

77.57 

%



Restricted Stock Unit Activity



 

 

   

Shares

Outstanding at December 31, 2019

 

1,152,248 

Awarded

 

284,480 

Released

 

 —

Canceled/forfeited/expired

 

 —

Outstanding at December 31, 2020

 

1,436,728 

Awarded

 

536,112 

Released

 

 —

Canceled/forfeited/expired

 

 —

Outstanding at March 31, 2021

 

1,972,840 



 

 

Expected to vest at March 31, 2021

 

1,972,840 

Vested at March 31, 2021

 

1,472,840 

Unvested at March 31, 2021

 

 —

Unrecognized expense at March 31, 2021

$

 —



Stock Options and Warrants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock-Based Compensation Expense



 

 

 

 

 

 



 

 

 

 

 

 



 

 

 

 

 

 



Three Months Ended

 



March 31,

 



2021

 

2020

 

General and administrative

$

84,130 

 

$

78,549 

 

Sales and marketing

 

32,745 

 

 

13,677 

 

Engineering, research, and development

 

43,052 

 

 

41,987 

 



$

159,927 

 

$

134,213 

 



Restricted Stock Units RSU [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock-Based Compensation Expense



 

 

 

 

 

 



 

 

 

 

 

 



Three Months Ended

 



March 31,

 



2021

 

2020

 

General and administrative

$

65,002 

 

$

65,000 

 

Sales and marketing

$

3,694 

 

$

 —

 



$

68,696 

 

$

65,000