Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.19.3
Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity

The activity for the Company’s 2009 Stock Option Plan, 2014 Plan, and 2015 Plan, for the nine months ended September 30, 2019, is summarized as follows:

 

 

Number of

Shares

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Life (in years)

 

 

Aggregate

Intrinsic

Value ($000)

 

Outstanding — December 31, 2018

 

 

4,052,913

 

 

$

4.37

 

 

 

7.23

 

 

$

 

Granted

 

 

1,629,500

 

 

$

1.26

 

 

 

 

 

 

 

 

 

Exercised

 

 

(22,500

)

 

$

0.54

 

 

 

 

 

 

 

 

 

Forfeited/Cancelled

 

 

(470,053

)

 

$

7.96

 

 

 

 

 

 

 

 

 

Outstanding — September 30, 2019

 

 

5,189,860

 

 

$

3.09

 

 

 

7.84

 

 

$

75

 

Exercisable — September 30, 2019

 

 

2,761,275

 

 

$

4.32

 

 

 

6.99

 

 

$

47

 

Vested or expected to vest — September 30, 2019

 

 

5,189,860

 

 

$

3.09

 

 

 

7.84

 

 

$

75

 

 

Schedule of Restricted Stock Units ("RSU") Activity

Restricted stock unit (“RSU”) activity under the 2014 Plan and 2015 Plan for the nine months ended September 30, 2019, is summarized as follows:

 

 

Number of

Shares

 

 

Weighted

Average

Grant Date

Fair Value

Per Share

 

Non-vested at December 31, 2018

 

 

111,891

 

 

$

2.06

 

Granted

 

 

932,500

 

 

$

1.37

 

Vested

 

 

(28,423

)

 

$

2.19

 

Forfeited/Cancelled

 

 

(48,324

)

 

$

1.46

 

Non-vested at September 30, 2019

 

 

967,644

 

 

$

1.42

 

Stock-Based Compensation Expense Related to Stock Options

Stock-based compensation expense related to stock options is included in the following line items in the accompanying statements of operations (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Research and development

 

$

148

 

 

$

134

 

 

$

471

 

 

$

371

 

Selling, general and administrative

 

 

301

 

 

 

324

 

 

 

916

 

 

 

980

 

Total

 

$

449

 

 

$

458

 

 

$

1,387

 

 

$

1,351