Quarterly report pursuant to Section 13 or 15(d)

8. Stock-Based Compensation (Tables)

v3.19.2
8. Stock-Based Compensation (Tables)
 3 Months Ended
Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]  
Share-based compensation expense
    Three Months Ended June 30,  
    2019     2018  
Cost of revenues   $ 17,000     $ 35,000  
Research and development     22,000       32,000  
Selling, general and administrative     253,000       280,000  
Total stock-based compensation   $ 292,000     $ 347,000  
Schedule of option activity
    Number of
Shares		     Weighted-
Average
Exercise Price		     Weighted-
Average
Contractual Term		     Aggregate
Intrinsic
Value		  
Outstanding at April 1, 2019     165,000     $ 72.88                  
Options granted     –       –                  
Options exercised     –       –                  
Options forfeited     (2,000 )     57.91                  
Options expired     (8,000 )     127.10                  
Outstanding at June 30, 2019     155,000     $ 70.33       7.27     $ 77,000  
Exercisable at June 30, 2019     84,000     $ 115.33       5.67     $ –  
Restricted Stock Award Activity
   

Number of

Shares

    

Weighted

Average Award

Date Fair Value

per Share

  
Unvested restricted stock awards outstanding at April 1, 2019     4,000     $ 27.96  
Restricted stock awards granted     –       –  
Restricted stock awards vested     (1,000 )     53.38  
Restricted stock awards forfeited     –       –  
Unvested restricted stock awards outstanding at June 30, 2019     3,000     $ 48.15