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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Summary of Restricted Stock Activity

Restricted stock activity during the year ended December 31, 2017 was as follows:

 

     Number of
Restricted
Shares
     Weighted
Average Fair
Market Value
Per RSU
 

Outstanding at January 1, 2017

     4,584,297      $ 7.29  

Granted:

     

Executive officers

     1,640,000        1.85  

Directors

     162,315        2.80  

Employees

     555,000        2.10  

Vested

     (1,568,042 )       2.17  

Forfeitures

     (666,675 )       2.71  
  

 

 

    

 

 

 

Outstanding at December 31, 2017

     4,706,895      $ 5.20  
  

 

 

    

 

 

 
Summary of Stock Option Activity

Stock option activity for the years ended December 31, 2017, 2016 and 2015 is as follows:

 

     Number of
Shares
     Weighted Average
Exercise Price Per
Share
     Aggregate
Intrinsic
Value
 

Outstanding at January 1, 2015

     3,196,100      $ 4.32      $ 22,881  
  

 

 

    

 

 

    

 

 

 

Granted in 2015:

        

Others

     684,629        8.14     

Exercised

     (235,480 )       3.52     

Forfeitures

     (247,720 )       12.65     
  

 

 

       

Outstanding at December 31, 2015

     3,397,529      $ 5.42      $ 3,124  
  

 

 

    

 

 

    

 

 

 

Granted in 2016:

        

Officers and Directors

     95,000      $ 2.34     

Others

     558,373        3.12     

Exercised

     (147,425 )       2.01     

Forfeitures

     (434,486 )       13.17     
  

 

 

       

Outstanding at December 31, 2016

     3,468,991      $ 4.14      $ 0  
  

 

 

    

 

 

    

 

 

 

Granted in 2017:

        

Officers and Directors

     83,658      $ 2.64     

Others

     873,017        1.96     

Exercised

     (202,519 )       2.17     

Forfeitures

     (1,510,193 )       5.13     
  

 

 

       

Outstanding at December 31, 2017

     2,712,954      $ 2.98      $ 1,190  
  

 

 

    

 

 

    

 

 

 
Summary of Stock Options Outstanding

Options outstanding at December 31, 2017 are as follows:

 

Range of Exercise Prices

   Number
Outstanding
     Weighted Average
Remaining Contractual
Life (Years)
     Weighted Average
Exercise Price
     Aggregate
Intrinsic
Value
 

$1.00 –     5.00

     2,192,695        5.53      $ 2.72     

$5.01 –   10.00

     430,149        5.38      $ 6.29     

$10.01 – 15.00

     48,358        7.14      $ 13.13     

$15.01 – 20.00

     41,500        6.75      $ 16.27     
  

 

 

          

 

 

 
     2,712,954            $ 1,190  
  

 

 

          

 

 

 
Summary of Stock Options Exercisable

Options exercisable at December 31, 2017 are as follows:

 

Range of Exercise Prices

   Number
Outstanding
     Weighted Average
Remaining Contractual
Life (Years)
     Weighted Average
Exercise Price
     Aggregate
Intrinsic
Value
 

$1.00 –     5.00

     1,400,022        3.48      $ 3.04     

$5.01 –   10.00

     345,257        5.43      $ 6.28     

$10.01 – 15.00

     35,439        7.13      $ 13.15     

$15.01 – 20.00

     41,500        6.75      $ 16.27     
  

 

 

          

 

 

 
     1,822,218            $ 561  
  

 

 

          

 

 

 
Summary of Non-Vested Stock Options

Nonvested stock options as of December 31, 2017, and changes during the year then ended, are as follows:

 

Nonvested Shares

   Shares      Weighted Average
Grant Date Fair
Value
     Intrinsic
Value
 

Nonvested at January 1, 2017

     829,431        

Granted

     960,175        

Vested

     (363,701 )       

Forfeited

     (540,421 )       
  

 

 

    

 

 

    

 

 

 

Nonvested at December 31, 2017

     885,484      $ 2.70      $ 629  
  

 

 

    

 

 

    

 

 

 
Summary of Allocated Stock-based Compensation Expense

The Company’s stock-based compensation expense is allocated between research and development and selling, general and administrative as follows as of December 31:

 

Stock-based compensation expense

   2017      2016      2015  

Research and Development

   $ 1.6      $ 2.5      $ 4.2

Selling, General and Administrative

   $ 13.2      $ 12.4      $ 10.0