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Stock Benefit Plans and Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity

 

A summary of the Company’s stock option activity under the Plans and related information is as follows (in thousands, except as indicated and per share data):

 

 

 

Shares

 

 

Weighted

average

exercise

price

 

 

Weighted

average

remaining

contractual

term

(in years)

 

 

Aggregate

intrinsic

value

 

Outstanding at December 31, 2018

 

 

4,723

 

 

$

3.64

 

 

 

 

 

 

 

 

 

Granted

 

 

195

 

 

$

4.41

 

 

 

 

 

 

 

 

 

Exercised

 

 

(161

)

 

$

2.75

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(542

)

 

$

7.00

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2019

 

 

4,215

 

 

$

3.27

 

 

 

7.80

 

 

$

17,961

 

Options vested and exercisable at December 31, 2019

 

 

2,238

 

 

$

3.71

 

 

 

7.40

 

 

$

9,438

 

Options vested and expected to vest at December 31, 2019

 

 

4,028

 

 

$

3.29

 

 

 

7.77

 

 

$

17,177

 

Summary of Information about Restricted Stock Awards, Restricted Stock Units and Performance-Based Restricted Units Activity (Detail)

The following table summarizes information about the restricted stock awards, restricted stock units and performance-based restricted units activity (in thousands, except as indicated and per share data):

 

 

 

Shares

 

 

Weighted

average

grant

date fair

value

 

 

Weighted

average

remaining

recognition

period

(in years)

 

Unvested at December 31, 2018

 

 

3,270

 

 

$

2.94

 

 

 

 

 

Awarded

 

 

4,802

 

 

$

1.92

 

 

 

 

 

Vested

 

 

(1,224

)

 

$

2.83

 

 

 

 

 

Forfeited

 

 

(121

)

 

$

3.11

 

 

 

 

 

Unvested at December 31, 2019

 

 

6,727

 

 

$

2.17

 

 

 

2.32

 

Summary of Common Stock Reserved for Future Issuance

Common stock reserved for future issuance consists of the following (in thousands):

 

 

 

December 31, 2019

 

Stock options outstanding

 

 

4,215

 

Unvested restricted stock awards

 

 

6,727

 

Employee stock purchase plan

 

 

117

 

Series A convertible preferred stock

 

 

67

 

Warrants outstanding

 

 

26,557

 

Authorized for future grant under the Distributor and Development Services plans

 

 

3,908

 

Authorized for future grant under the Management Objective Strategic Incentive Plan

 

 

445

 

Authorized for future grant under the Plans

 

 

1,628

 

 

 

 

43,664