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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock-Based Compensation Expense Related to Equity Awards Granted to Employees and Consultants

The following table sets forth stock-based compensation expense related to equity awards granted to employees and consultants for all periods presented (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Research and development

 

$

2,050

 

 

$

610

 

 

$

3,641

 

 

$

1,200

 

General and administrative

 

 

2,732

 

 

 

731

 

 

 

4,772

 

 

 

1,546

 

Total

 

$

4,782

 

 

$

1,341

 

 

$

8,413

 

 

$

2,746

 

 

Summary of Stock Option and Other Equity Award Activity Under Plans

 

The following summarizes option and other equity award activity under the 2012 Equity Incentive Plan and 2015 Stock Option and Incentive Plan:

 

 

 

Shares Subject to

 

 

Weighted Average

 

 

 

Outstanding

Options

 

 

Exercise Price

per Share

 

Balance at December 31, 2017

 

 

2,964,549

 

 

$

11.54

 

Options granted

 

 

1,167,256

 

 

 

51.41

 

Options exercised

 

 

(263,145

)

 

 

7.31

 

Options canceled/forfeited

 

 

(99,248

)

 

 

20.26

 

Balance at June 30, 2018

 

 

3,769,412

 

 

$

23.95

 

 

 

 

 

 

 

 

 

 

 

 

Shares Subject to

 

 

Weighted Average

 

 

 

Outstanding

Awards

 

 

Grant Date

Fair Value

 

Balance at December 31, 2017

 

 

—

 

 

$

—

 

Restricted stock units granted

 

 

138,086

 

 

 

51.88

 

Restricted stock units forfeited

 

 

(2,830

)

 

 

53.77

 

Balance at June 30, 2018

 

 

135,256

 

 

$

51.84