Quarterly report pursuant to Section 13 or 15(d)

10. Stock-Based Compensation (Tables)

v3.20.2
10. Stock-Based Compensation (Tables)
 3 Months Ended
Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]  
Share-based compensation expense
    Three Months Ended June 30,  
    2020     2019  
Cost of revenues   $ (21,000 )   $ 17,000  
Research and development     (14,000 )     22,000  
Selling, general and administrative     98,000       253,000  
Total stock-based compensation   $ 63,000     $ 292,000  
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     –       –       –       –  
Options forfeited     (104,000 )     4.82       –       –  
Options expired     (9,000 )     113.38       –       –  
Outstanding at June 30, 2020     265,000     $ 31.42       6.28     $ 396,000  
Exercisable at June 30, 2020     122,000     $ 60.00       2.83     $ 40,000  
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     2,000     $ 13.68  
Restricted stock awards granted     6,000       4.79  
Restricted stock awards vested     (3,000 )     4.79  
Restricted stock awards forfeited     –       –  
Unvested restricted stock awards outstanding at June 30, 2020     5,000     $ 8.25