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Stock-based Compensation (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2014
Dec. 31, 2013
Stock-Based Compensation    
Schedule of weighted-average assumptions used in estimation of grant date fair values  

 

 

 
  Year Ended December 31,  
 
  2013   2012   2011  

Expected term (years)

    6.25     6.25     6.25  

Volatility

    62 %   60 %   60 %

Expected dividend yield

    0 %   0 %   0 %

Risk-free interest rates

    2.45 %   1.10 %   1.35 %
Summary of stock option activity

A summary of stock option activity during the three months ended March 31, 2014 is as follows (in thousands, except for per share amounts):

 
  Shares   Weighted-Average
Exercise Price
(in dollars
per share)
  Weighted-Average
Contractual
Life
(in years)
  Aggregate
Intrinsic
Value
 

Options outstanding at December 31, 2013

    1,667   $ 7.05              

Granted

    1,144     7.80              

Exercised

                     

Forfeited

    (116 )   9.00              
                   

Options outstanding at March 31, 2014

    2,695   $ 7.28     8.08   $ 6,607  
                   

Options exercisable at March 31, 2014

    1,142   $ 6.31     6.41   $ 3,916  
                   

Options vested or expected to vest at March 31, 2014

    2,608   $ 7.26     8.04   $ 6,456  
                   

 

 

 
  Shares   Weighted-Average
Exercise Price
(in dollars
per share)
  Weighted-Average
Contractual
Life
(In Years)
  Aggregate
Intrinsic
Value
 

Options outstanding at December 31, 2012

    1,710   $ 7.07              

Granted

    1,064     7.87              

Exercised

    (5 )   2.51              

Forfeited

    (1,097 )   7.91              

Expired

    (5 )   3.42              
                   

Options outstanding at December 31, 2013

    1,667   $ 7.05     7.07   $ 2,283  
                   

Options exercisable at December 31, 2013

    1,086   $ 6.22     6.60   $ 2,231  
                   

Options vested or expected to vest at December 31, 2013

    1,635   $ 7.02     7.06   $ 2,280  
                   
Summary of stock-based compensation expense by financial statement line  

The following table summarizes stock-based compensation expense by financial statement line (in thousands):

 
  Years Ended December 31,  
 
  2013   2012   2011  

Research and development

  $ 302   $ 338   $ 118  

General and administrative

    1,206     1,457     186  
               

Share-based compensation expense included in operating expenses

  $ 1,508   $ 1,795   $ 304