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Stock-Based Compensation
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation

Note 8 — Stock-Based Compensation

 

We have stock-based compensation awards consisting of stock options under the 2011 Incentive Plan, which is described in detail in our Annual Report on Form 10-K for the year ended December 31, 2019. As of September 30, 2020, there are no remaining shares available for grant under the 2011 Incentive Plan. No further shares were available for grant under any other stock incentive plan. The Company did not have any stock-based compensation expenses for the three and nine months ended September 30, 2020 and 2019.

 

Stock Options

 

The following table summarizes our stock option activity:

 

    Stock Options     Weighted Average Exercise Price  
Outstanding December 31, 2019     1,360     $ 106.00  
Outstanding September 30, 2020     1,360     $ 106.00  
Exercisable as of September 30, 2020     775     $ 106.00  

 

As of September 30, 2020, options to purchase 1,360 shares are outstanding and 775 shares are exercisable, and the aggregate intrinsic value of all outstanding stock options was $0.0 million. No options were granted or exercised during the three and nine months ended September 30, 2020.

 

As of September 30, 2020, unrecognized compensation expense related to outstanding stock options was immaterial.