Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity under the 2018 Plan is set forth below:

	Shares	Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2018	—	$	—
Granted	2,268,363	3.65
Released	(22,500)	7.34
Forfeited	(142,500)	2.93
Outstanding as of September 30, 2019	2,103,363	$	3.66

Stock-Based Compensation

A summary of the Company’s stock option activity under the 2009 Plan and related information is as follows:

	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Outstanding as of December 31, 2018	2,364,823	$	0.90	8.12	$	71,332
Granted	—	—
Released	(282,086)	0.55
Forfeited	(362,398)	1.69
Outstanding as of September 30, 2019	1,720,339	$	0.79	7.16	$	1,281
Exercisable as of September 30, 2019	1,157,519	$	0.71	6.63	$	911

Schedule of Stock Options Granted

The fair value of stock options granted is estimated on the date of grant using the Black-Scholes option-pricing model. The following table sets forth information relating to stock options granted:

	Three Months Ended September 30, 2018	Nine Months Ended September 30, 2018
Weighted average risk-free rate	N/A	2.51%
Expected dividend yield	—	—
Weighted average expected life (years)	N/A	6.08
Weighted average volatility	N/A	56.87%

Condensed Income Statement

Compensation costs that have been included on the Company’s consolidated statements of operations and comprehensive loss for all stock-based compensation arrangements are detailed as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
Stock-based compensation	2019		2018		2019		2018
Cost of revenues	$	68	$	14	$	106	$	32
Sales and marketing	30		16		14		31
General and administrative	492		32		864		183
Research and development	94		12		127		39
Total stock-based compensation	$	684	$	74	$	1,111	$	285