Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.22.2.2
Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Option Activity

The activity for the Company’s 2009 Stock Option Plan, 2014 Plan, and 2015 Plan, for the six months ended June 30, 2022, 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, 2021

 

 

1,542,126

 

 

$

14.89

 

 

 

7.45

 

 

$

42

 

Granted

 

 

647,000

 

 

$

4.20

 

 

 

 

 

 

 

 

 

Forfeited/Cancelled

 

 

(60,124

)

 

$

8.15

 

 

 

 

 

 

 

 

 

Outstanding — June 30, 2022

 

 

2,129,002

 

 

$

11.83

 

 

 

7.87

 

 

$

5

 

Exercisable — June 30, 2022

 

 

955,116

 

 

$

19.24

 

 

 

6.36

 

 

$

 

Vested or expected to vest — June 30, 2022

 

 

2,129,002

 

 

$

11.83

 

 

 

7.87

 

 

$

5

 

 

Schedule of Restricted Stock Units ("RSU") Activity

Restricted stock unit (“RSU”) activity under the 2014 Plan and 2015 Plan for the six months ended June 30, 2022, is summarized as follows:

 

 

Number of

Shares

 

 

Weighted

Average

Grant Date

Fair Value

Per Share

 

Non-vested at December 31, 2021

 

 

133,834

 

 

$

7.98

 

Granted

 

 

943,465

 

 

$

5.35

 

Vested

 

 

(42,006

)

 

$

8.46

 

Forfeited

 

 

(10,364

)

 

$

7.60

 

Non-vested at June 30, 2022

 

 

1,024,929

 

 

$

5.54

 

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 unaudited condensed consolidated statements of operations (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Research and development

 

$

343

 

 

$

136

 

 

$

628

 

 

$

262

 

Selling, general and administrative

 

 

757

 

 

 

406

 

 

 

1,394

 

 

 

678

 

Total

 

$

1,100

 

 

$

542

 

 

$

2,022

 

 

$

940