Quarterly report pursuant to Section 13 or 15(d)

Equity Incentive Plan (Tables)

v3.22.2
Equity Incentive Plan (Tables)
 6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of share-based compensation expense
    Three Months Ended
June 30,
(unaudited)		     Six Months Ended
June 30,
(unaudited)		  
(in thousands)   2022     2021     2022     2021  
General and administrative   $ 344     $ 174     $ 654     $ 391  
Sales and marketing     42       16       70       57  
Research and development     81       42       146       113  
Cost of revenues     24       7       45       62  
    $ 491     $ 239     $ 915     $ 623  

 
Schedule of fair value of option grants weighted average assumptions
    Six Months Ended
June 30,
(unaudited)		  
    2022     2021  
Expected term (in years)     5.9       5.8  
Expected Volatility     54.4 %     54.5 %
Risk-free rate     1.9 %     0.8 %
Dividend rate    
—
      
—
  

 
Schedule of stock option activity
    Number of
Shares
under
Option Plan		     Weighted-
Average
Exercise
Price per
Option		     Weighted-
Average
Remaining
Contractual
Life (in
years)		  
Outstanding at December 31, 2021     6,583,381     $ 1.78       8.0  
Granted     1,634,174     $ 2.42          
Exercised     (41,388 )   $ 0.75          
Forfeited and expired     (49,212 )   $ 3.09          
Outstanding at June 30, 2022     8,126,955     $ 1.90       7.9  
Exercisable at June 30, 2022     4,476,206     $ 1.29       7.5  
Vested and expected to vest at June 30, 2022     8,126,955     $ 1.90       7.9