Annual report pursuant to Section 13 and 15(d)

Transactions Affecting Stockholders' Equity (Tables)

v3.20.1
Transactions Affecting Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Stock Options Activity

The following table summarizes stock options activities during Fiscal 2019 and 2018 for both 2010 Plan and 2018 Stock Plan (in thousands, except per share data). All outstanding options are expected to vest.

 

    Number of Shares     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life (in years)     Total Intrinsic Value  
Outstanding as of January 1, 2018     980     $ 1.82       4.8     $ 52  
Granted     2,490       2.08       4.3       -  
Exercised     (490 )     1.64       -       -  
Outstanding as of December 31, 2018     2,980       1.82       4.8       3,235  
Granted     200       2.01       6.9          
Forfeited/expired     (98 )     2.81       -       -  
Outstanding as of December 31, 2019     3,082     $ 1.67       3.7     $ 1,085  
Options vested and exercisable     1,656     $ 1.59       3.4     $ 665

Summary of Weighted Average Assumptions Used In Determining Fair Value of Stock Options

The following table summarizes weighted average assumptions used in determining the fair value of the stock options at the date of grant during Fiscal 2019 and 2018:

 

    For the Years Ended  
    December 31, 2019     December 31, 2018  
Exercise price   $ 2.01     $ 2.52  
Expected term in years     4.5       4.5  
Expected volatility (annual)     42 %     40 %
Risk-free interest rate     2 %     2 %
Expected dividend yield (per share)     0 %     0 %