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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Stock Option Activity

The following table summarizes stock option activity for the six months ended June 30, 2022 (share amounts in thousands):

 

 

 

Options

 

 

Weighted-
Average
Exercise Price

 

Outstanding as of December 31, 2021

 

 

11,708

 

 

$

4.15

 

Granted

 

 

1,327

 

 

$

2.02

 

Exercised

 

 

(23

)

 

$

1.76

 

Forfeited

 

 

(471

)

 

$

4.27

 

Outstanding as of June 30, 2022

 

 

12,541

 

 

$

3.92

 

Summary of Restricted Stock Unit, Activity

The following table summarizes restricted stock unit activity for the six months ended June 30, 2022 (share amounts in thousands):

 

 

 

Restricted Stock Units

 

 

Weighted-Average Grant-Date
Fair Value

 

Unvested as of December 31, 2021

 

 

1,650

 

 

$

2.16

 

Granted

 

 

390

 

 

$

2.03

 

Vested

 

 

(189

)

 

$

2.21

 

Forfeited

 

 

(64

)

 

$

2.16

 

Unvested as of June 30, 2022

 

 

1,787

 

 

$

2.12

 

Summary of Non-cash Stock Based Compensation Expense

Total non-cash stock-based compensation expense recognized in the accompanying condensed statements of operations is as follows (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Cost of product sales

 

$

 

 

$

 

 

$

 

 

$

3

 

Research and development

 

 

854

 

 

 

817

 

 

 

1,778

 

 

 

1,617

 

Selling, general and administrative

 

 

940

 

 

 

994

 

 

 

1,910

 

 

 

2,154

 

Total stock-based compensation

 

$

1,794

 

 

$

1,811

 

 

$

3,688

 

 

$

3,774