Quarterly report pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION

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SHARE-BASED COMPENSATION
6 Months Ended
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
SHARE-BASED COMPENSATION

NOTE 12 – SHARE-BASED COMPENSATION

 

Camber measures the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award over the vesting period.

 

Stock Options

 

As of September 30, 2018 and 2017, the Company had 78 and 19,920 stock options outstanding with a weighted average exercise price of $1,294 and $35.38, respectively.

 

Of the Company’s outstanding options, no options were exercised or forfeited during the three months ended September 30, 2018. Additionally, no stock options were granted during the six months ended September 30, 2018. Compensation expense related to stock options during the three-month period ended September 30, 2018 and 2017 was $0 and $4,816, respectively.

 

Options outstanding and exercisable at September 30, 2018 and 2017 had no intrinsic value, respectively. The intrinsic value is based upon the difference between the market price of Camber’s common stock on the date of exercise and the grant price of the stock options.

 

As of September 30, 2018, there was no remaining unrecognized share-based compensation expense related to all non-vested stock options. 

 

The following tabulation summarizes the remaining terms of the options outstanding: 

 

Exercise     Remaining     Options     Options  
Price ($)     Life (Yrs.)     Outstanding     Exercisable  
  1,294       2.0       78       78  
          Total       78       78