Annual report pursuant to Section 13 and 15(d)

Personnel Costs

v3.20.1
Personnel Costs
12 Months Ended
Dec. 31, 2019
Compensation Related Costs [Abstract]  
Personnel Costs

18. PERSONNEL COSTS

Personnel costs amounting to $12.6 million for the year ended December 31, 2019 (of which $996,000 related to RSUs compensation expense) and $15.2 million for the year ended December 31, 2018 (of which $7.4 million related to stock-based compensation expense), were allocated as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Research and development

 

$

4,158

 

 

$

2,753

 

Sales and marketing

 

 

2,855

 

 

 

4,604

 

General and administrative

 

 

5,635

 

 

 

7,797

 

Total Personnel Costs

 

$

12,648

 

 

$

15,154

 

 

Approximately 30% of the Company employees are subject to a collective Italian national labor agreement expiring on December 31, 2023.