Quarterly report pursuant to Section 13 or 15(d)

9. Stock-Based Compensation (Tables)

v3.20.4
9. Stock-Based Compensation (Tables)
 9 Months Ended
Dec. 31, 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 December 31,     Nine Months Ended December 31,  
(In thousands)   2020     2019     2020     2019  
Cost of revenues   $ –     $ 17     $ (27 )   $ 51  
Research and development     –       19       26       60  
Selling, general and administrative     93       76       317       426  
Total stock-based compensation   $ 93     $ 112     $ 316     $ 537  
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     79,451     $ 5.68       –     $ 285,326  
Options forfeited     113,798     $ 6.05       –       –  
Options expired     23,866     $ 123.02       –       –  
Outstanding at December 31, 2020     160,885     $ 37.03       7.47     $ 291,291  
Exercisable at December 31, 2020     156,575     $ 37.74       7.44     $ 281,616  
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 December 31, 2020     833     $ 13.68