Quarterly report pursuant to Section 13 or 15(d)

11. SHARE-BASED COMPENSATION (Tables)

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11. SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Share-based compensation expense
Three Months Ended March 31,            
(in thousands)   2021     2020  
Cost of goods sold   $ -     $ -  
General and administrative expense     287       1,612  
Total share based compensation   $ 287     $ 1,612  
Stock option activity
          Weighted-Average     Weighted-Average     Aggregate  
(in thousands except per share amounts)   Stock Options     Exercise Price     Remaining Contractual Life     Intrinsic Value  
Outstanding—December 31, 2020     6,260     $ 0.97       4.7     $ 3,162  
                                 
  Granted     1,630     $ 1.44                  
  Exercised     -       -                  
  Cancelled     (251 )   $ 1.76                  
Outstanding—March 31, 2021     7,639     $ 0.95       4.7          
                                 
Exercisable—March 31, 2021     924     $ 2.01       3.3     $ 142  
                                 
Vested and expected to vest—March 31, 2021     7,639     $ 0.95       4.7     $ 4,276  
Restricted stock unit activity
          Weighted-Average  
(in thousands except per share amounts)   RSUs     Fair Value  
             
Outstanding—December 31, 2020     450     $ 0.33  
                 
  Granted     1,295     $  1.14  
  Vested     -       -  
  Cancelled     (10)       -  
Outstanding—March 31, 2021     1,735     $ 0.93  
Weighted average assumptions
Three Months Ended March 31,   2021     2020  
Expected volatility     50 %     50 %
Dividend yield     0 %     0 %
Risk-free interest rate     0.73 %     2.2 %
Expected term in years     4.25       10