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Common Stock, Common Stock Warrants and Stock Option Plan (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Schedule of Stock Reserved for Future Issuance

 

 

 

 

 

 

    

March 31, 

    

December 31,

 

 

2020

 

2019

Warrants to purchase common stock

 

1,165,282

 

1,165,282

Options outstanding

 

1,626,244

 

1,929,391

Restricted stock units outstanding

 

2,253,181

 

1,451,507

Shares available for future grants

 

557,671

 

288,813

Shares available for ESPP

 

547,513

 

373,428

Shares reserved for issuance upon conversion of the Notes

 

8,885,204

 

8,885,204

Total

 

15,035,095

 

14,093,625

 

Summary of Outstanding Common Stock Warrants

 

 

 

 

 

 

 

 

As of March 31, 2020

 

 

 

 

 

 

 

Total amount of securities issuable

    

 

 

    

 

    

 

under the outstanding warrants

 

Exercise Price

 

Issuance Date

 

 Expiration Date

315,282

 

$

2.38

 

2014-2015

 

2022-2024

850,000

 

$

8.62

 

2018

 

2024
1,165,282

 

$

6.93

 

  

 

  

 

Summary of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock Options

 

    

 

    

 

 

    

Weighted-

    

 

 

 

 

 

 

Weighted-

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

 

 

Exercise

 

Contractual

 

Intrinsic

 

 

Shares

 

Price

 

Term (Years)

 

Value

 

 

(aggregate intrinsic value in thousands)

Outstanding as of December 31, 2017

 

1,560,453

 

$

3.63

 

7.6

 

$

4,632

Granted

 

479,375

 

 

7.25

 

  

 

 

  

Exercised

 

(112,965)

 

 

2.48

 

  

 

 

  

Canceled

 

(61,448)

 

 

3.65

 

  

 

 

  

Outstanding as of December 31, 2018

 

1,865,415

 

 

4.63

 

7.6

 

$

1,540

Granted

 

189,856

 

 

6.16

 

  

 

 

  

Exercised

 

(112,647)

 

 

3.36

 

  

 

 

  

Canceled

 

(13,233)

 

 

6.53

 

  

 

 

  

Outstanding as of December 31, 2019

 

1,929,391

 

 

4.84

 

6.9

 

$

7,146

Granted

 

 —

 

 

 —

 

  

 

 

  

Exercised

 

(299,737)

 

 

3.91

 

  

 

 

  

Canceled

 

(3,410)

 

 

6.94

 

  

 

 

  

Outstanding as of  March 31, 2020

 

1,626,244

 

$

5.01

 

6.9

 

$

10,057

Options vested and expected to vest as of March 31, 2020

 

1,582,822

 

$

4.97

 

6.9

 

$

9,849

Options vested and exercisable as of March 31, 2020

 

1,034,771

 

$

4.42

 

6.3

 

$

7,002

 

Summary of Restricted Stock Units Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted Stock Units

 

    

 

    

 

 

    

Weighted-

    

 

 

 

 

 

 

Weighted-

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

 

 

Grant Date

 

Contractual

 

Intrinsic

 

 

Shares

 

Fair Value

 

Term (Years)

 

Value

 

 

(aggregate intrinsic value in thousands)

Outstanding as of December 31, 2017

 

509,894

 

$

2.84

 

1.4

 

$

3,288

Granted

 

925,578

 

 

6.55

 

 

 

 

 

Released

 

(264,568)

 

 

4.02

 

 

 

 

 

Forfeited/expired

 

(15,924)

 

 

8.34

 

 

 

 

 

Outstanding as of December 31, 2018

 

1,154,980

 

 

5.50

 

1.4

 

$

5,082

Granted

 

978,851

 

 

6.35

 

 

 

 

 

Released

 

(512,703)

 

 

5.31

 

 

 

 

 

Forfeited/expired

 

(169,621)

 

 

5.15

 

 

 

 

 

Outstanding as of December 31, 2019

 

1,451,507

 

 

6.18

 

1.3

 

$

12,314

Granted

 

958,825

 

 

7.88

 

  

 

 

  

Released

 

(143,625)

 

 

5.40

 

  

 

 

  

Forfeited/expired

 

(13,526)

 

 

7.67

 

  

 

 

  

Outstanding as of March 31, 2020

 

2,253,181

 

$

6.94

 

1.5

 

$

25,182