XML 43 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1
Stock-Based Compensation - FV of employee stock options (Details) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Compensation expense    
Total employee, director and non-employee stock-based compensation expense $ 3,158,000 $ 1,960,000
Employee stock options    
Weighted average assumptions for estimated fair value of employee stock options    
Expected volatility (as a percent) 89.20% 75.80%
Risk-free interest rate (as a percent) 2.07% 1.56%
Expected term (years) 6 years 2 months 12 days 6 years 1 month 6 days
Compensation expense    
Unamortized compensation expense related to unvested options $ 35,400,000 $ 16,300,000
Period to recognize unamortized compensation expense 3 years  
Employee Stock Purchase Plan    
Weighted average assumptions for estimated fair value of employee stock options    
Expected volatility, low end of range (as a percent) 67.80%  
Expected volatility, high end of range (as a percent) 79.80%  
Expected volatility (as a percent)   67.80%
Risk-free interest rate, low end of range (as a percent) 0.55% 0.55%
Risk-free interest rate, high end of range (as a percent) 0.93% 0.93%
Compensation expense    
Unamortized compensation expense related to unvested options $ 339,000 $ 418,000
Period to recognize unamortized compensation expense 8 months 15 days  
Employee Stock Purchase Plan | Minimum    
Weighted average assumptions for estimated fair value of employee stock options    
Expected term (years) 6 months 6 months
Employee Stock Purchase Plan | Maximum    
Weighted average assumptions for estimated fair value of employee stock options    
Expected term (years) 2 years 2 years
General and administrative    
Compensation expense    
Total employee, director and non-employee stock-based compensation expense $ 1,467,000 $ 952,000
Research and development    
Compensation expense    
Total employee, director and non-employee stock-based compensation expense $ 1,691,000 $ 1,008,000