Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.4
Stock-Based Compensation (Tables)
9 Months Ended
Dec. 31, 2022
Stock-Based Compensation  
Summary of stock-based compensation expense by statement of operations line item

The following table summarizes, by condensed consolidated statements of operations line item, stock-based compensation expense (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

​

December 31,

​

December 31,

​

​

    

2022

    

2021

    

2022

    

2021

 

Cost of goods sold

​

$

8

    

$

29

​

$

23

    

$

86

​

Research and development

​

 

24

​

 

22

​

 

73

​

 

57

​

Selling, general and administrative

​

 

200

​

 

284

​

 

521

​

 

830

​

Stock-based compensation expense

​

$

232

​

$

335

​

$

617

​

$

973

​

Summary of stock option activity

​

​

​

​

​

​

​

​

​

​

​

​

Weighted

​

​

​

​

​

Average Grant

​

​

​

​

​

Date Fair

​

Restricted Stock Units and Performance Restricted Stock Units

​

Shares

​

Value

 

Non-vested restricted stock units outstanding at March 31, 2022

    

591,805

    

$

5.66

​

Granted

 

512,164

​

​

2.11

​

Vested and issued

 

(152,616)

​

​

5.81

​

Forfeited

 

(214,517)

​

​

4.55

​

Non-vested restricted stock units outstanding at December 31, 2022

 

736,836

​

​

3.48

​

Restricted stock units expected to vest beyond December 31, 2022

 

736,836

​

$

3.48

​

Summary of restricted stock activity

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended December 31,

​

Nine Months Ended December 31,

​

    

2022

    

2021

    

2022

    

2021

Restricted stock compensation expense (in thousands)

​

$

232

    

$

335

    

$

617

    

$

973

Aggregate fair value of restricted stock units vested and issued (in thousands)

​

$

37

    

$

94

    

$

423

    

$

798

Weighted average grant date fair value of restricted stock units granted during the period

​

$

1.59

    

$

4.70

    

$

2.11

    

$

5.45

​