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Stock Option Plan (Tables)
9 Months Ended
Sep. 30, 2020
Summary of Stock Options Outstanding and Exercisable by Exercise Price

The stock options outstanding and exercisable by exercise price at September 30, 2020 are as follows:

 

 

 

 

 

Options Outstanding

 

 

Options Vested and Exercisable

 

Exercise Price

 

 

Number

Outstanding

 

 

Weighted-

Average

Remaining

Contractual

Life (Years)

 

 

Weighted-

Average

Exercise

Price

 

 

Number

Exercisable

 

 

Weighted-

Average

Exercise

Price

 

$

0.16

 

 

 

32,850

 

 

 

3.3

 

 

$

0.16

 

 

 

32,850

 

 

$

0.16

 

 

0.37

 

 

 

53,251

 

 

 

4.7

 

 

 

0.37

 

 

 

52,917

 

 

 

0.37

 

 

0.97

 

 

 

80,234

 

 

 

5.5

 

 

 

0.97

 

 

 

64,849

 

 

 

0.97

 

 

2.51

 

 

 

117,902

 

 

 

5.9

 

 

 

2.51

 

 

 

82,234

 

 

 

2.51

 

 

2.89

 

 

 

46,000

 

 

 

6.4

 

 

 

2.89

 

 

 

30,250

 

 

 

2.89

 

 

2.93

 

 

 

311,672

 

 

 

6.6

 

 

 

2.93

 

 

 

210,807

 

 

 

2.93

 

 

3.18

 

 

 

106,200

 

 

 

6.8

 

 

 

3.18

 

 

 

63,865

 

 

 

3.18

 

 

 

 

 

 

748,109

 

 

 

6.1

 

 

 

2.38

 

 

 

537,772

 

 

 

2.24

 

 

Summary of Restricted Stock Units Activity

The Company’s restricted stock units activity is summarized as follows:

 

 

 

 

Units

Issued and

Outstanding

 

 

Weighted-Average

Grant Date

Fair Value

 

As of December 31, 2019

 

 

503,900

 

 

$

8.48

 

Granted

 

 

55,000

 

 

 

4.40

 

Released

 

 

(88,886

)

 

 

7.99

 

Canceled

 

 

(28,039

)

 

 

9.12

 

As of September 30, 2020

 

 

441,975

 

 

 

8.03

 

2012 Stock Option Plan  
Summary of Stock Award and Option Activity Under Stock Incentive Plan

The Company’s stock award activity under the stock incentive plan is summarized as follows:

 

 

Awards Available for

Grant

 

As of December 31, 2019

 

 

4,847,877

 

Authorized

 

 

700,023

 

Granted

 

 

(55,000

)

Canceled

 

 

34,707

 

As of September 30, 2020

 

 

5,527,607

 

 

The Company’s stock option activity under the stock incentive plan is summarized as follows:

 

 

 

Options

Issued and

Outstanding

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Term

(Years)

 

 

Aggregate

Intrinsic

Value

(in thousands)

 

As of December 31, 2019

 

 

850,334

 

 

$

2.30

 

 

$

6.8

 

 

$

3,587

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised (1)

 

 

(95,557

)

 

 

1.66

 

 

 

 

 

 

 

 

 

Canceled

 

 

(6,668

)

 

 

1.95

 

 

 

 

 

 

 

 

 

As of September 30, 2020

 

 

748,109

 

 

 

2.38

 

 

$

6.1

 

 

 

1,463

 

Options vested and expected to vest as of September 30, 2020

 

 

748,109

 

 

 

2.38

 

 

$

6.1

 

 

 

1,463

 

Options vested and exercisable as of September 30, 2020

 

 

537,772

 

 

 

2.24

 

 

$

6.0

 

 

 

1,131

 

 

 

(1)

    Includes vesting of early-exercised options.