Annual report pursuant to Section 13 and 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.22.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2021
SHARE-BASED COMPENSATION (Tables)  
Schedule of Share-based compensation expense

 

 

Years Ended

 

 

 

December 31,

 

 

December 31,

 

 

December 31,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Cost of goods sold

 

$ -

 

 

$ -

 

 

$ -

 

General and administrative expense

 

 

1,355

 

 

 

2,200

 

 

 

3,385

 

Total share-based compensation

 

$ 1,355

 

 

$ 2,200

 

 

$ 3,385

 

Schedule of Stock option activity

 

 

 

 

Weighted-

 

 

Weighted-

Average

 

 

 

 

 

Stock

 

 

Average

 

 

Remaining

 

 

Aggregate

 

(in thousands except per share amounts)

 

Options

 

 

Exercise Price

 

 

Contractual Life

 

 

Intrinsic Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding—December 31, 2020

 

 

6,260

 

 

$ 0.97

 

 

 

4.7

 

 

$ 3,162

 

Granted

 

 

2,330

 

 

 

1.35

 

 

 

 

 

 

 

 

 

Exercised

 

 

(165 )

 

 

0.55

 

 

 

 

 

 

 

 

 

Cancelled

 

 

(1,827 )

 

 

1.48

 

 

 

 

 

 

 

 

 

Outstanding—December 31, 2021

 

 

6,598

 

 

 

0.99

 

 

 

4.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable—December 31, 2021

 

 

2,216

 

 

 

1.03

 

 

 

1.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and expected to vest—December 31, 2021

 

 

6,598

 

 

$ 0.99

 

 

 

4.3

 

 

 

 

 

Schedule of Restricted stock unit activity

 

 

 

 

Weighted-Average

 

(in thousands except per share amounts)

 

RSUs

 

 

Fair Value

 

 

 

 

 

 

 

 

Outstanding—December 31, 2020

 

 

450

 

 

$ 0.33

 

Granted

 

 

1,415

 

 

 

1.17

 

Vested

 

 

(1,108 )

 

 

0.83

 

Cancelled

 

 

(115 )

 

 

1.11

 

Outstanding—December 31, 2021

 

 

642

 

 

$ 1.18

 

Schedule of Weighted average assumptions

Options

 

Years Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Expected volatility

 

 

50 %

 

 

50 %

Dividend yield

 

 

0 %

 

 

0 %

Risk-free interest rate

 

 

0.87 %

 

 

0.95 %

Expected term in years

 

 

4.3

 

 

 

4.7

 

RSUs

 

Years Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Expected volatility

 

 

50 %

 

 

50 %

Dividend yield

 

 

0 %

 

 

0 %

Risk-free interest rate

 

 

0.71 %

 

 

0.79 %

Expected term in years

 

 

0.74

 

 

 

1.14