Quarterly report pursuant to Section 13 or 15(d)

9. Stock-Based Compensation (Tables)

v3.20.2
9. Stock-Based Compensation (Tables)
 6 Months Ended
Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]  
Share-based compensation expense

Stock-based compensation expense is as follows:

    Three Months Ended September 30,     Six Months Ended September 30  
(In thousands)   2020     2019     2020     2019  
Cost of revenues   $ (6 )   $ 17     $ (27 )   $ 34  
Research and development     40       19       26       41  
Selling, general and administrative     126       97       224       350  
Total stock-based compensation   $ 160     $ 133     $ 223     $ 425  
Schedule of option activity

Stock options award activity is as follows:

 

    Number of
Shares		     Weighted-
Average
Exercise Price		     Weighted-
Average
Contractual Term		     Aggregate
Intrinsic
Value		  
Outstanding at April 1, 2020     378,000     $ 26.55       –       –  
Options granted     –       –       –       –  
Options exercised     76,951       5.72       –       274,326  
Options forfeited     112,697       9.89       –       –  
Options expired     22,934       116.99       –       –  
Outstanding at September 30, 2020     165,418     $ 35.31       7.88     $ 433,380  
Exercisable at September 30, 2020     106,673     $ 51.91       7.16     $ 203,062  
Restricted Stock Award Activity

Restricted stock award activity is as follows:

 

   

Number of

Shares

    

Weighted

Average Award

Date Fair Value

per Share

  
Unvested restricted stock awards outstanding at April 1, 2020     1,666     $ 13.68  
Restricted stock awards granted     5,695       4.79  
Restricted stock awards vested     (6,528 )     5.92  
Restricted stock awards forfeited     –       –  
Unvested restricted stock awards outstanding at September 30, 2020     833     $ 13.68