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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of weighted-average valuation assumptions

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

 

 

    

2016

    

2017

    

    

Expected volatility

 

99.37

%  

93.02

%

 

Risk-free interest rate

 

1.46

%  

2.12

%

 

Weighted-average expected life (in years)

 

6.3

 

6.3

 

 

Dividend yield

 

0.00

%  

0.00

%

 

 

Schedule of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

 

 

Weighted-Average

 

Contractual Term

 

Aggregate

 

 

    

Options

    

Exercise Price

    

(In Years)

    

Intrinsic Value

 

Outstanding at January 1, 2017

 

6,447,594

 

$

6.41

 

 

 

 

 

 

Granted during period

 

653,842

 

 

2.17

 

 

 

 

 

 

Exercised during period

 

(7,757)

 

 

2.10

 

 

 

 

 

 

Expired during period

 

(163,836)

 

 

8.82

 

 

 

 

 

 

Forfeited during period

 

(68,875)

 

 

5.59

 

 

 

 

 

 

Outstanding at March 31, 2017

 

6,860,968

 

$

5.96

 

6.27

 

$

282,786

 

Exercisable at March 31, 2017

 

5,085,833

 

$

6.72

 

5.33

 

$

29,895

 

 

Schedule of restricted stock unit activity

 

 

 

 

 

 

 

 

    

Restricted

    

Weighted-Average

 

 

 

Stock

 

Grant 

 

 

 

 Units

 

Date Fair Value

 

Outstanding at January 1, 2017

 

394,132

 

$

4.96

 

Granted during period

 

367,985

 

 

2.17

 

Vested during period

 

(128,225)

 

 

5.77

 

Forfeited during period

 

(16,980)

 

 

3.50

 

Outstanding at March 31, 2017

 

616,912

 

$

3.17