Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.19.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
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, 2018 and December 31, 2017.

 

    December 31, 2018     December 31, 2017  
Risk-free interest rate     2.71 %     1.85 %
Expected life     6.0 years       4.9 years  
Expected volatility     127.18 %     142.42 %
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, 2018 and 2017 is as follows:

 

    2018     2017  
RSUs   $ 301     $ 65  
Options     1,433       995  
Total stock-based compensation expense   $ 1,734     $ 1,060  

Schedule of Stock Option Activity

A summary of stock option and SARs activity for the year ended December 31, 2018, and changes during such year, is presented below:

 

          Weighted-     Weighted-Average        
          Average     Remaining     Aggregate  
          Grant     Contractual     Intrinsic  
    Shares     Price     Period (in years)     Value  
Outstanding at January 1, 2018     1,594,615     $ 3.87       9.11     $ 1  
Granted     1,320,000       1.04       9.51       -  
Exercised     -                          
Forfeited or expired     (25,302 )     54.40                  
Outstanding at December 31, 2018     2,889,313       2.14       8.83       -  
                                 
Exercisable at December 31, 2018     1,548,479       3.08       8.25       -  
                                 
Vested and expected to vest     2,825,153       1.99       9.03       -  

Schedule of Non Vested Option Activity

A summary of the status of the Company’s non-vested options for the year ended December 31, 2018, and changes during such year, is presented below:

 

    Shares     Weighted- Average Grant Date Fair Value  
             
Nonvested at January 1, 2018     896,693     $ 1.40  
Granted     1,320,000       0.93  
Vested     (875,859 )     1.40  
Forfeited     -       -  
Nonvested at December 31, 2018     1,340,834     $ 0.93  

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

A summary of the Company’s non-vested shares of restricted stock units for the year ended December 31, 2018, and changes during such year, is presented below:

 

          Weighted-     Average        
          Average     Remaining     Aggregate  
          Grant Date     Vesting     Intrinsic  
    Shares     Fair Value     Period (in years)     Value  
Nonvested at January 1, 2018     68,000     $ 2.49       0.64     $ 69  
Granted     330,000       1.04       -       -  
Vested     (33,538 )     2.50       -       -  
Forfeited     (2,265 )     2.30       -       -  
Nonvested at December 31, 2018     362,197     $ 1.17       1.37     $ 289,758