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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Option Activity

A summary of stock option activity was as follows (in thousands, except weighted-average exercise price and contractual term amounts):

 

 

Options Outstanding

 

 

Number of
Shares Underlying
Outstanding
Options

 

 

Weighted-
Average
Exercise
 Price

 

 

Weighted-
Average
Remaining
Contractual
Term
(Years)

 

 

Aggregate
Intrinsic Value

 

Outstanding — December 31, 2021

 

416

 

 

$

123.57

 

 

 

 

 

 

 

Options granted

 

157

 

 

$

8.27

 

 

 

 

 

 

 

Options cancelled

 

(86

)

 

$

98.78

 

 

 

 

 

 

 

Outstanding — June 30, 2022

 

487

 

 

$

90.74

 

 

 

7.01

 

 

$

 

Exercisable — June 30, 2022

 

275

 

 

$

132.11

 

 

 

5.35

 

 

$

 

Summary of Restricted Stock Unit Activity

A summary of restricted stock unit activity was as follows (in thousands, except weighted-average grant-date fair value and contractual term amounts):

 

Stock Awards (PSUs and RSUs)

 

 

Shares

 

 

Weighted-
Average
Grant-Date Fair Value

 

 

Weighted-
Average
Remaining
Contractual
Term
(Years)

 

 

Aggregate
Intrinsic Value

 

Outstanding — December 31, 2021

 

35

 

 

$

57.24

 

 

 

 

 

 

 

RSUs — Awarded

 

1

 

 

$

10.15

 

 

 

 

 

 

 

PSUs and RSUs — Vested

 

(17

)

 

$

59.32

 

 

 

 

 

 

 

PSUs and RSUs — Cancelled

 

(4

)

 

$

56.94

 

 

 

 

 

 

 

Outstanding — June 30, 2022

 

15

 

 

$

52.67

 

 

 

1.64

 

 

$

37

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2010 Equity Incentive Plan, 2014 Equity Incentive Plan, 2018 Inducement Plan and 2014 Employee Stock Purchase Plan  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Based Compensation Expense

Total stock-based compensation expense related to the Company’s 2010 Equity Incentive Plan, 2014 Equity Incentive Plan, 2018 Inducement Plan, and the 2014 Employee Stock Purchase Plan was as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Research and development

$

456

 

 

$

1,588

 

 

$

954

 

 

$

2,868

 

General and administrative

 

519

 

 

 

1,056

 

 

 

1,201

 

 

 

2,471

 

Total stock-based compensation

$

975

 

 

$

2,644

 

 

$

2,155

 

 

$

5,339