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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Schedule of weighted-average valuation assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

 

 

    

2017

    

2018

    

    

2017

    

2018

    

    

Expected volatility

 

0.0

%  

90.6

%  

 

92.7

%  

100.4

%

 

Risk-free interest rate

 

0.00

%  

2.78

%  

 

2.15

%  

2.71

%

 

Weighted-average expected life (in years)

 

0.0

 

6.3

 

 

6.9

 

6.9

 

 

Dividend yield

 

0.00

%  

0.00

%  

 

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, 2018

 

5,878,660

 

$

5.93

 

 

 

 

 

 

Granted during period

 

688,192

 

 

3.07

 

 

 

 

 

 

Exercised during period

 

(561,088)

 

 

4.10

 

 

 

 

 

 

Expired during period

 

(8,993)

 

 

3.06

 

 

 

 

 

 

Outstanding at March 31, 2018

 

5,996,771

 

$

5.78

 

6.18

 

$

22,125,418

 

Exercisable at March 31, 2018

 

4,290,445

 

$

6.92

 

5.02

 

$

11,551,954

 

Outstanding at April 1, 2018

 

5,996,771

 

 

5.78

 

 

 

 

 

 

Granted during period

 

242,400

 

 

10.86

 

 

 

 

 

 

Exercised during period

 

(512,795)

 

 

8.16

 

 

 

 

 

 

Forfeited during period

 

(5,869)

 

 

2.82

 

 

 

 

 

 

Outstanding at June 30, 2018

 

5,720,507

 

$

5.79

 

6.28

 

$

45,908,925

 

Exercisable at June 30, 2018

 

3,970,287

 

$

6.56

 

5.09

 

$

28,812,888

 

Outstanding at July 1, 2018

 

5,720,507

 

 

5.79

 

 

 

 

 

 

Granted during period

 

48,700

 

 

16.74

 

 

 

 

 

 

Exercised during period

 

(442,913)

 

 

7.57

 

 

 

 

 

 

Forfeited during period

 

(16,950)

 

 

4.77

 

 

 

 

 

 

Outstanding at September 30, 2018

 

5,309,344

 

$

5.74

 

6.14

 

$

63,541,222

 

Exercisable at September 30, 2018

 

3,550,137

 

$

6.42

 

4.84

 

$

40,064,166

 

 

Schedule of restricted stock unit activity

 

 

 

 

 

 

 

 

    

Restricted

    

Weighted-Average

 

 

 

Stock

 

Grant 

 

 

 

 Units

 

Date Fair Value

 

Outstanding at January 1, 2018

 

1,383,770

 

$

5.05

 

Granted during period

 

301,958

 

 

3.02

 

Vested during period

 

(161,147)

 

 

4.27

 

Outstanding at March 31, 2018

 

1,524,581

 

$

4.73

 

Outstanding at April 1, 2018

 

1,524,581

 

$

4.73

 

Granted during period

 

56,150

 

 

12.19

 

Vested during period

 

(30,150)

 

 

2.47

 

Forfeited during period

 

(29,683)

 

 

5.35

 

Outstanding at June 30, 2018

 

1,520,898

 

$

5.04

 

Outstanding at July 1, 2018

 

1,520,898

 

$

5.04

 

Granted during period

 

3,000

 

 

13.60

 

Vested during period

 

(5,938)

 

 

4.85

 

Forfeited during period

 

(7,500)

 

 

5.01

 

Outstanding at September 30, 2018

 

1,510,460

 

$

5.06