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Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2021
Canceled/expired  
Stock-based employee compensation expense

The following table summarizes the amount of share-based compensation expense by line item on the statements of operations:

Share-based compensation expense     Three Months Ended
      March 31,
(in thousands)     2021     2020
Research and development expense   $ 1,184    $ 39 
Sales, marketing, general and administrative expense     454      150 
    $ 1,638    $ 189 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options activity and positions

The following table summarizes shares, weighted-average exercise price, weighted-average remaining contractual term and aggregate intrinsic value of options outstanding and options exercisable as of March 31, 2021:

              Weighted-      
          Weighted-   Average      
          Average   Remaining     Aggregate
          Exercise   Contractual     Intrinsic
Options   Shares     Price   Term (years)     Value
Outstanding as of March 31, 2021   2,096,000    $ 1.32    6.8    $ 36,104,000 
                     
Exercisable as of March 31, 2021   1,115,000    $ 1.77    5.7    $ 18,706,000 

 

 

 

 

 

 

 

Share-based Payment Arrangement, Restricted Stock Unit, Activity

The following table summarizes activity and positions with respect to RSUs and PSUs for the three months ended March 31, 2021:

            Weighted-average
      Shares     price
Unvested as of December 31, 2020     1,983,000    $ 0.76 
Granted      899,000      7.10 
Vested     (368,000)     0.10 
Forfeited     (69,000)     0.98 
Unvested as of March 31, 2021     2,445,000    $ 3.18