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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Summary of Option Activity under 2018 Plan, 2013 Plan and 2010 Plan

A summary of option activity under the 2018 Plan, 2013 Plan, and 2010 Plan for the three months ended March 31, 2019, is as follows:

 

Year-to-Date Activity

 

Number

of Shares

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Term (Years)

 

 

Aggregate

Intrinsic

Value

(in millions)

 

Options outstanding at December 31, 2018

 

 

781,725

 

 

$

16.34

 

 

 

9.0

 

 

 

 

 

Granted

 

 

430,150

 

 

$

28.15

 

 

 

 

 

 

 

 

 

Cancelled/forfeited

 

 

(60,000

)

 

$

22.18

 

 

 

 

 

 

 

 

 

Options outstanding at March 31, 2019

 

 

1,151,875

 

 

$

18.77

 

 

 

9.4

 

 

$

6.8

 

Options exercisable at March 31, 2019

 

 

251,135

 

 

$

8.29

 

 

 

8.2

 

 

$

4.5

 

Summary of Restricted Stock Units Activity under 2018 Plan

A summary of restricted stock units activity under the 2018 Plan for the three months ended March 31, 2019, is as follows:

 

Year-to-Date Activity

 

Number

of Shares

 

 

Weighted

Average

Grant Date Fair Value Per Share

 

 

Aggregate

Intrinsic

Value

(in millions)

 

Non-vested outstanding at December 31, 2018

 

 

 

 

 

 

 

 

 

 

Granted

 

 

15,000

 

 

$

23.60

 

 

 

 

 

Non-vested outstanding at March 31, 2019

 

 

15,000

 

 

$

23.60

 

 

$

0.4

 

Summary of Stock-Based Compensation Expense The amount of stock-based compensation expense recorded to research and development and to general and administrative is detailed in table below:

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Stock-based compensation

 

 

 

 

 

 

 

 

Research and development

 

$

369,941

 

 

$

152,735

 

General and administrative

 

 

301,986

 

 

 

99,639

 

 

 

$

671,927

 

 

$

252,374