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Stock-Based Awards (Tables)
9 Months Ended
Sep. 30, 2019
Summary of Stock Option Activity

The following table summarizes stock options activity for the nine months ended September 30, 2019 (in thousands):

 

 

Number of

Shares

 

Outstanding at December 31, 2018

 

 

3,603

 

Granted

 

 

558

 

Exercised

 

 

(424

)

Forfeited or expired

 

 

(362

)

Outstanding at September 30, 2019

 

 

3,375

 

Vested and exercisable at September 30, 2019

 

 

1,306

 

 

Summary of Stock-Based Compensation Expense

The following table presents the effects of stock-based compensation in our condensed consolidated statements of operations for the periods presented (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Cost of revenue

$

192

 

 

$

144

 

 

$

495

 

 

$

325

 

Research and development expense

 

1,717

 

 

 

1,039

 

 

 

4,028

 

 

 

2,620

 

Sales and marketing expense

 

1,622

 

 

 

1,188

 

 

 

4,028

 

 

 

2,876

 

General and administrative expense

 

1,262

 

 

 

964

 

 

 

3,262

 

 

 

2,192

 

Total stock-based compensation expense

$

4,793

 

 

$

3,335

 

 

$

11,813

 

 

$

8,013

 

Restricted Stock Units  
Summary of Restricted Stock Units

The following table summarizes activity for restricted stock units, or RSUs, and RSUs with performance conditions, or PSUs, for the nine months ended September 30, 2019 (in thousands):

 

 

 

 

Number of Shares

 

 

 

 

RSUs

 

 

PSUs

 

Outstanding at December 31, 2018

 

 

 

32

 

 

 

 

Granted

 

 

 

462

 

 

 

248

 

Vested

 

 

 

(40

)

 

 

 

Forfeited

 

 

 

(4

)

 

 

(12

)

Outstanding at September 30, 2019

 

 

 

450

 

 

 

236