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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Option Activity

The following table summarizes stock option activity for the three months ended March 31, 2019 (share amounts in thousands):

 

 

 

Options

 

 

Weighted-

Average

Exercise Price

 

Outstanding as of December 31, 2018

 

 

5,020

 

 

$

5.62

 

Granted

 

 

2,343

 

 

$

2.02

 

Exercised

 

 

 

 

 

 

Forfeited

 

 

(16

)

 

$

3.70

 

Outstanding as of March 31, 2019

 

 

7,347

 

 

$

4.48

 

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 March 31,

 

 

 

2019

 

 

2018

 

Cost of product sales

 

$

3

 

 

$

4

 

Research and development

 

 

659

 

 

 

637

 

Selling, general and administrative

 

 

834

 

 

 

2,072

 

Total stock-based compensation

 

$

1,496

 

 

$

2,713