Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.21.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Stock option activity
The following summarizes activity related to the Company's stock options (in thousands, except per share data):
Number of Shares Weighted Average
Exercise Price		 Weighted Average
Remaining Contract
Term (in years)		 Aggregate Intrinsic Value
Outstanding - December 31, 2020 25,225 $ 0.48  5.7 $ 2,186 
Granted 6,550 0.55  —  — 
Exercised (2) 0.26  —  — 
Forfeited (440) 0.58  —  — 
Outstanding - June 30, 2021 31,333 0.50  6.1 378 
Exercisable - June 30, 2021 23,829 0.47  5.1 354 
Vested or expected to vest - June 30, 2021 31,333 $ 0.50  6.1 $ 378 
Schedule of share-based payment award, stock options, valuation assumptions
The following table presents the weighted average grant date fair value of stock options granted and the weighted-average assumptions used to estimate the fair value on the date of grant using the Black-Scholes valuation model:
Three months ended June 30, Six months ended June 30,
2021 2020 2021 2020
Volatility 132.1% 123.1% 133.7  % 132.9  %
Risk-Free Interest Rate 0.8% 0.4% 0.9  % 0.5  %
Expected Term (in years) 5.49 5.42 5.61 5.32
Dividend Rate —% —% —  % —  %
Fair Value Per Share on Grant Date $0.32 $0.61 $ 0.49  $ 0.36