Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.8.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions

The following table provides the weighted average assumptions used in determining the fair value of the stock options granted during the years ended December 31, 2017 and December 31, 2016.

 

    December 31, 2017     December 31, 2016  
Risk-free interest rate     1.85 %     0.66 %
Expected life     4.9 years       4.7 years  
Expected volatility     142.42 %     145.71 %
Dividend yield     -       -  

Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award

The impact of RSUs and stock options on net loss for the years ended December 31, 2017 and 2016 is as follows:

 

    2017     2016  
RSUs   $ 65     $ 109  
Options     995       22  
Total stock-based compensation expense   $ 1,060     $ 131  

Schedule of Stock Option Activity

A summary of stock option and SARs activity for the year ended December 31, 2017, and changes during such year, is presented below:

 

    Shares     Weighted- Average Grant
Price
    Weighted-Average Remaining Contractual
Period (in years)
    Aggregate
Intrinsic Value
 
Outstanding at January 1, 2017     190,551     $ 25.80       5.42     $ 632  
Granted     1,422,658       1.69       9.60       1  
Exercised     -                          
Forfeited or expired     (18,594 )     62.46                  
Outstanding at December 31, 2017     1,594,615       3.87       9.11       1  
Exercisable at December 31, 2017     697,922       6.83       8.38       -  
Vested and expected to vest     1,541,848       3.95       9.09       1  

Schedule of Non Vested Option Activity

A summary of the status of the Company’s nonvested options for the year ended December 31, 2017, and changes during such year, is presented below:

 

    Shares     Weighted- Average Grant Date Fair Value  
             
Nonvested at January 1, 2017     73,217     $ 1.37  
Granted     1,422,658       1.49  
Vested     (599,182 )     1.61  
Forfeited     -       -  
Nonvested at December 31, 2017     896,693     $ 1.40  

Schedule of Share-Based Compensation, Restricted Stock and Restricted Stock Units Activity

A summary of the Company’s nonvested shares of restricted stock units for the year ended December 31, 2017, and changes during such year, is presented below:

 

    Shares     Weighted- Average Grant Date
Fair Value
    Average Remaining Vesting
Period (in years)
    Aggregate Intrinsic
Value
 
Nonvested at January 1, 2017     102,369     $ 2.49       2.14     $ 450  
Granted     -     $ -       -       -  
Vested     (34,019 )   $ 2.49       -       -  
Forfeited     (350 )   $ 2.30       -       -  
Nonvested at December 31, 2017     68,000     $ 2.49       0.64     $ 69