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Stock-Based Compensation Expense (Tables)
6 Months Ended
Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity
The following table summarizes stock option activity for the six months ended June 30, 2018:
 
Number of shares
 
Weighted average exercise price
Outstanding at December 31, 2017
11,967,815

 
$
6.73

Granted
980,000

 
4.11

Exercised
(204,521
)
 
3.80

Forfeited or Expired
(1,699,249
)
 
5.85

Outstanding at June 30, 2018
11,044,045

 
$
6.68

Vested and expected to vest at June 30, 2018
8,917,383

 
$
6.93

Exercisable at June 30, 2018
5,809,968

 
$
8.00

Summary of Restricted Share Activity
The following table summarizes restricted share activity for the six months ended June 30, 2018:
 
Number of shares
 
Weighted average grant date fair value
Outstanding at December 31, 2017
1,884,297

 
$
6.39

Granted
1,523,650

 
4.45

Vested
(598,170
)
 
5.62

Forfeited
(487,267
)
 
4.90

Outstanding at June 30, 2018
2,322,510

 
$
5.63

Stock Based Compensation Expense
The following table reflects stock-based compensation expense for the three and six months ended June 30, 2018 and 2017

 
Three months ended June 30,
 
Six months ended June 30,
(in thousands)
2018
 
2017
 
2018
 
2017
Cost of goods sold
$
25

 
$
28

 
$
43

 
$
88

Research and development
570

 
483

 
1,312

 
1,061

Selling, general and administrative
4,377

 
3,161

 
7,298

 
6,187

Total stock-based compensation expense
$
4,972

 
$
3,672

 
$
8,653

 
$
7,336