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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Assumptions Used To Estimate Fair Value of Options The assumptions used to estimate fair value and the resulting grant date fair values are as follows:

 

 

 

Employees

 

 

Non-employee

 

 

 

Years Ended December 31,

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Weighted average expected volatility

 

 

62.10

%

 

 

64.67

%

 

 

69.56

%

 

 

66.55

%

Weighted average risk-free interest rate

 

 

0.64

%

 

 

1.18

%

 

 

0.74

%

 

 

0.36

%

Weighted average expected term (in years)

 

 

5.15

 

 

 

5.97

 

 

 

5.79

 

 

 

5.50

 

Schedule of Share-based Compensation, Stock Options, Activity

The activity for the 2009 Plan, 2014 Plan and 2015 Plan for the years ended December 31, 2021 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, 2020

 

 

830,343

 

 

$

21.52

 

 

 

7.71

 

 

$

96

 

Granted

 

 

874,050

 

 

$

7.30

 

 

 

 

 

 

 

 

 

Forfeited/expired

 

 

(162,267

)

 

$

7.95

 

 

 

 

 

 

 

 

 

Outstanding — December 31, 2021

 

 

1,542,126

 

 

$

14.89

 

 

 

7.45

 

 

$

42

 

Exercisable — December 31, 2021

 

 

739,332

 

 

$

22.73

 

 

 

5.91

 

 

$

11

 

Vested or expected to vest —December 31, 2021

 

 

1,542,126

 

 

$

14.89

 

 

 

7.45

 

 

$

42

 

Schedule of Restricted Stock Units ("RSU") Activity

Restricted stock unit ("RSU") activity under the 2014 Plan and 2015 Plan for the years ended December 31, 2021, is summarized as follows:

 

 

Number of

Shares

 

 

Weighted

Average

Grant Date

Fair Value

Per Share

 

Non-vested at December 31, 2020

 

 

29,087

 

 

$

9.52

 

Granted

 

 

130,175

 

 

$

7.83

 

Vested

 

 

(10,335

)

 

$

10.60

 

Forfeited

 

 

(15,093

)

 

$

7.85

 

Non-vested at December 31, 2021

 

 

133,834

 

 

$

7.98

 

 

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 statements of operations (in thousands):

 

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

Research and development

 

$

631

 

 

$

806

 

Selling, general and administrative

 

 

1,457

 

 

 

1,414

 

Total stock-based compensation expense

 

$

2,088

 

 

$

2,220