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Stock-Based Awards (Tables)
6 Months Ended
Jun. 30, 2020
Stock-Based Awards  
Assumptions used to determine fair value of stock options granted

    

Six Months Ended

June 30, 

2020

2019

 

Risk-free interest rate

 

0.87

%

2.53

%

Expected term (in years)

 

6.1

6.3

Expected volatility

 

85.19

%

101.70

%

Expected dividend yield

 

0

%

0

%

Summary of stock option activity

    

    

    

Weighted

    

 

Weighted

Average

 

Average

Remaining

Aggregate

 

Number

Exercise

Contractual

Intrinsic

 

of Shares

Price

Term

Value

 

(in years)

 

Outstanding as of December 31, 2019

 

3,102,221

$

20.33

 

6.55

$

148

Granted

 

734,800

1.30

Exercised

 

Forfeited and cancelled

 

(557,222)

21.33

Outstanding as of June 30, 2020

 

3,279,799

$

15.90

 

6.99

$

316

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

 

3,279,799

$

15.90

 

6.99

$

316

Options exercisable as of June 30, 2020

 

1,897,671

$

19.16

 

5.79

$

79

Summary of restricted stock units activity

Weighted

Average

Grant Date

Number

Fair Value

of Shares

Per Share

Outstanding as of December 31, 2019

3,592,915

$

4.62

Granted

998,385

1.26

Vested

(1,618,634)

3.09

Forfeited and cancelled

(444,265)

4.12

Outstanding as of June 30, 2020

2,528,401

$

4.36

Stock-based compensation expense

Three Months Ended

Six Months Ended

 

June 30, 

June 30, 

 

    

2020

    

2019

    

2020

    

2019

 

Cost of revenue

    

$

252

    

$

223

  

$

512

    

$

429

Research and development

939

1,721

1,755

3,315

General and administrative

 

2,118

 

2,654

 

4,495

 

5,126

Total stock-based compensation expense

$

3,309

$

4,598

$

6,762

$

8,870