Post-effective amendment to a registration statement that is not immediately effective upon filing

SHARE-BASED COMPENSATION (Tables)

v3.21.2
SHARE-BASED COMPENSATION (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Schedule of common stock options  
               
    Number of Shares     Weighted Average Exercise Price  
             
Outstanding, January 1, 2019     693,307     $ 18.29  
Granted     218,482       31.26  
Forfeited     (23,168 )     23.33  
Outstanding, December 31, 2019     888,621     $ 21.35  
Granted     178,128       22.86  
Exercised(a)     (275 )     5.60  
Forfeited     (107,692 )     10.30  
Outstanding, December 31, 2020     958,782     $ 22.88  
Exercisable, December 31, 2020(b)     581,233     $ 20.21  
Schedule of common stock options outstanding  
                               
    Outstanding Options     Options Exercisable  
Exercise Price Ranges   Number of
Outstanding
Options		     Weighted Average
Exercise Price		     Remaining
Contractual Life
in Years		     Number of
Exercisable
Options		     Weighted Average
Exercise Price		  
                               
$4.01 – $14.61     226,098     $ 12.96       3.85       226,098     $ 12.96  
$15.32 – $16.24     65,873     $ 15.40       4.65       65,873     $ 15.40  
$19.37     108,343     $ 19.37       6.32       99,314     $ 19.37  
$22.86     175,542     $ 22.86       9.13       —     $ —  
$29.85     66,469     $ 29.85       7.35       43,283     $ 29.85  
$31.26     316,457     $ 31.26       8.09       146,665     $ 31.26  
      958,782     $ 22.88       6.79       581,233     $ 20.21  
Schedule of common stock reserved for future issuance under employee stock plans  
       
    Number of Shares  
Total options available to be granted     287,298  
Total options outstanding     958,782  
Total common stock reserved for future issuance under employee stock plans     1,246,080  
Schedule of summarizes share-based compensation expense  
                       
    2020     2019     2018  
Research and development   $ 854     $ 759     $ 211  
Sales and marketing     561       374       208  
General and administrative     1,172       697       414  
Cost of sales     56       49       38  
Total share-based compensation   $ 2,643     $ 1,879     $ 871  
Schedule of weighted average assumptions  
                 
    Years ended December 31,  
    2020     2019     2018  
                   
Risk-free interest rate     0.55 %     1.96 %     2.75 %
Expected average years until exercised     5       5       5  
Expected dividend yield     —       —       —  
Expected volatility     68.00 %     61.00 %     61.00 %
Airspan [Member]    
Schedule of common stock options
                       
    Number of Shares     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life (Years)  
                   
Outstanding, December 31, 2020     958,782     $ 22.88       6.79  
Granted(a)     77,256       36.30       -  
Exercised     (2,200 )     (31.26 )     -  
Forfeited     (15,713 )     (20.67 )     -  
Outstanding, June 30, 2021(b)     1,018,125     $ 23.91       6.52  
Exercisable, June 30, 2021(c)     680,409     $ 21.17       5.62  

 

 

(a) The weighted average grant-date fair value of options granted during the six months ending June 30, 2021 was $24.27 per share.

 

(b) The aggregate intrinsic value of all options outstanding as of June 30, 2021 was $14.3 million.

 

(c) The aggregate intrinsic value of all vested/exercisable options as of June 30, 2021 was $11.5 million.
 
Schedule of common stock reserved for future issuance under employee stock plans
       
Plans   Number of Shares  
Total options available to be granted     221,323  
Total options outstanding     1,018,125  
Total common stock reserved for future issuance under employee stock plans     1,239,448  
 
Schedule of summarizes share-based compensation expense
                               
    Three Months Ended
June 30,		    

Six Months Ended

June 30,

  
    2021     2020     2021     2020  
Research and development   $ 254     $ 200     $ 468     $ 399  
Sales and marketing     196       104       336       206  
General and administrative     363       179       656       358  
Cost of sales     14       12       28       24  
Total share-based compensation   $ 827     $ 495     $ 1,488     $ 987