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Common Stock
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Common Stock

13.

COMMON STOCK

Common Stock

The Company’s amended and restated certificate of incorporation as of March 31, 2020 authorized the issuance of 200.0 million shares of common stock, $0.01 par value per share, of which 18.726 million were issued and outstanding as of March 31, 2020.

The following table summarizes the total number of shares of the Company’s common stock issued and reserved for issuance as of March 31, 2020 and December 31, 2019 (in thousands):

 

 

 

March 31, 2020

 

 

December 31, 2019

 

Shares of common stock issued

 

 

18,726

 

 

 

18,645

 

Shares of common stock reserved for issuance for:

 

 

 

 

 

 

 

 

Common stock warrants outstanding

 

 

105

 

 

 

105

 

Stock options outstanding

 

 

2,324

 

 

 

2,415

 

Restricted stock units outstanding

 

 

1,522

 

 

 

245

 

Shares available for grant under stock incentive plan

 

 

694

 

 

 

1,215

 

Shares available for sale under employee stock purchase plan

 

 

608

 

 

 

421

 

Total shares of common stock issued and

   reserved for issuance

 

 

23,979

 

 

 

23,046

 

 

Common Stock Warrants

The following table summarizes the Company’s outstanding common stock warrants as of March 31, 2020 and December 31, 2019:

 

Warrants

Outstanding

(in thousands)

 

 

Exercise

Price

 

 

Expiration

Date

 

14

 

 

$

19.55

 

 

Dec-2022

 

30

 

 

$

9.73

 

 

Feb-2021

 

20

 

 

$

9.73

 

 

Aug-2023

 

20

 

 

$

9.73

 

 

Mar-2024

 

21

 

 

$

9.73

 

 

Dec-2024

 

105