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Stock-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2020
Stock-Based Compensation Plan  
Schedule of share-based payment award, stock options, valuation assumptions

For stock options granted during 2020 and 2019 the following weighted average assumptions were used in determining fair value:

 

 

 

 

 

 

 

 

 

    

2020

    

    

2019

 

Risk-free interest rate

 

0.50

%  

 

2.23

%

Expected volatility

 

122

%  

 

126

%

Expected term in years

 

6.0

 

 

6.0

 

Dividend yield

 

 —

%  

 

 —

%

 

Schedule of option activity under stock-based compensation plans

Option activity under the Plans for the year ended December 31, 2020 was as follows (in thousands, except as noted):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted-

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

 

 

Exercise

 

Contractual

 

Intrinsic

 

    

Options

    

Price

    

Term

    

Value

 

 

 

 

(per share)

 

(in years)

 

 

 

Year Ended December 31, 2020

 

  

 

 

  

 

  

 

 

  

Outstanding at December 31, 2019

 

68

 

$

68.56

 

7.7

 

$

 —

Granted

 

211

 

 

5.01

 

9.4

 

 

  

Forfeited

 

(4)

 

 

7.19

 

 

 

 

  

Expired

 

(1)

 

 

28.67

 

 

 

 

  

Outstanding at December 31, 2020

 

274

 

$

20.57

 

8.7

 

$

3,750

Vested and expected to vest December 31, 2020

 

238

 

$

22.66

 

8.7

 

$

 —

Exercisable at December 31, 2020

 

66

 

$

63.95

 

7.2

 

$

3,070

 


Option activity under the Plans for the year ended December 31, 2019 was as follows (in thousands, except as noted):

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

    

 

    

Weighted

    

    

 

 

 

 

 

Weighted-

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

 

 

Exercise

 

Contractual

 

Intrinsic

 

    

Options

    

Price

    

Term

    

Value

 

 

 

 

(per share)

 

(in years)

 

 

 

Year Ended December 31, 2019

 

  

 

 

  

 

  

 

 

  

Outstanding at December 31, 2018

 

37

 

$

112.60

 

7.5

 

$

 —

Granted

 

35

 

 

18.40

 

9.2

 

 

  

Forfeited

 

(3)

 

 

36.68

 

 

 

 

  

Expired

 

(1)

 

 

61.18

 

 

 

 

  

Outstanding at December 31, 2019

 

68

 

$

68.56

 

7.7

 

$

 —

Vested and expected to vest December 31, 2019

 

58

 

$

76.12

 

7.4

 

$

 —

Exercisable at December 31, 2019

 

26

 

$

138.77

 

5.5

 

$

 —