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Common Stock, warrants, stock-based compensation, stock options, restricted stock and restricted stock units (Tables)
12 Months Ended
Dec. 31, 2019
Common Stock, warrants, stock-based compensation, stock options, restricted stock and restricted stock units  
Schedule of common stock reserved

 

 

 

 

 

 

 

 

 

As of December 31,

 

    

2019

    

2018

Common stock warrants

 

10,000

 

76,041

Common stock options and unvested restricted common stock

 

2,916,991

 

2,838,402

Shares reserved for future awards under compensation plan

 

882,715

 

2,433,999

 

 

3,809,706

 

5,348,442

 

Summary of warrant activity

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

Issued and

 

Average

 

    

exercisable

    

Exercise Price

As of December 31, 2018

 

76,041

 

$

10.10

Issued

 

 —

 

 

 

Exercised

 

(66,041)

 

 

10.90

Cancelled

 

 —

 

 

 

As of December 31, 2019

 

10,000

 

$

4.83

 

Summary of share-based compensation expense for all stock awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

2019

    

2018

    

2017

Cost of product revenue

 

$

86

 

$

55

 

$

24

Cost of service and other revenue

 

 

238

 

 

173

 

 

52

Research and development

 

 

718

 

 

513

 

 

180

Selling, general, and administrative

 

 

5,346

 

 

4,143

 

 

1,912

Total

 

$

6,388

 

$

4,884

 

$

2,168

 

Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

 

Remaining contractual

 

Aggregate intrinsic value

 

    

Options

    

exercise price

    

life (in years)

    

(in thousands)

Outstanding at December 31, 2018

 

2,476,911

 

$

9.65

 

7.73

 

$

22,108

Granted

 

882,959

 

$

24.20

 

 

 

 

 

Exercised

 

(414,672)

 

$

6.80

 

 

 

 

 

Cancelled

 

(438,136)

 

$

14.37

 

 

 

 

 

Outstanding at December 31, 2019

 

2,507,062

 

$

14.41

 

7.58

 

$

24,870

Vested and expected to vest at December 31, 2019

 

2,507,062

 

$

14.41

 

7.58

 

$

24,870

Exercisable at December 31, 2019

 

1,284,900

 

$

8.70

 

6.46

 

$

19,239

 

Summary of restricted stock units activity

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

 

 

 

 

grant date

 

 

 

 

fair value

 

    

Shares

    

per share

Unvested RSUs as of December 31, 2018

 

321,662

 

$

15.84

Granted

 

246,588

 

$

24.22

Vested

 

(136,062)

 

$

17.11

Cancelled

 

(62,065)

 

$

18.82

Unvested RSUs as of December 31, 2019

 

370,123

 

$

20.48