Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.20.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2020
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, 2019 28,105 $ 0.80    5.4 $ 12,335   
Granted 6,105 0.41    —    —   
Exercised (469) 0.97    —    —   
Forfeited (7,080) 1.15    —    —   
Outstanding - June 30, 2020 26,661 0.44    5.5 5,370   
Exercisable - June 30, 2020 21,082 0.38    4.5 4,465   
Vested or expected to vest - June 30, 2020 26,661 $ 0.44    5.5 $ 5,370   
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,
2020 2019 2020 2019
Volatility 123.1% 110.9% 132.9% 113.8%
Risk-Free Interest Rate 0.4% 1.8% 0.5% 2.5%
Expected Term (in years) 5.42 5.80 5.32 5.70
Dividend Rate —% —% —% —%
Fair Value Per Share on Grant Date $0.61 $3.31 $0.36 $4.00