XML 33 R21.htm IDEA: XBRL DOCUMENT v3.21.2
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Summary of Stock Option Activity

The following table sets forth the stock option activity for the nine months ended September 30, 2021:

 

 

 

​Number
of shares

 

 

​Weighted
average
exercise price

 

 

Weighted
average
contractual term

 

 

​Aggregate
intrinsic
value

 

Outstanding at December 31, 2020

 

 

3,725,648

 

 

$

16.36

 

 

 

 

 

 

 

Granted

 

 

1,279,152

 

 

 

62.09

 

 

 

 

 

 

 

Exercised

 

 

(198,121

)

 

 

16.71

 

 

 

 

 

 

 

Forfeited

 

 

(210,854

)

 

 

41.68

 

 

 

 

 

 

 

Expired

 

 

(983

)

 

 

79.19

 

 

 

 

 

 

 

Outstanding at September 30, 2021

 

 

4,594,842

 

 

$

27.90

 

 

 

7.2

 

 

$

184,602,602

 

Vested and expected to vest at September 30, 2021

 

 

4,588,673

 

 

$

27.94

 

 

 

7.2

 

 

$

184,194,454

 

Exercisable at September 30, 2021

 

 

2,784,567

 

 

$

14.26

 

 

 

5.6

 

 

$

149,261,931

 

Schedule of RSU Activity

The following table sets forth the RSU activity for the nine months ended September 30, 2021:

 

 

Number
of shares

 

 

Weighted average
grant date fair value

 

Outstanding at December 31, 2020

 

 

136,067

 

 

$

36.83

 

Granted

 

 

203,629

 

 

 

49.28

 

Vested

 

 

(8,815

)

 

 

45.12

 

Forfeited

 

 

(28,880

)

 

 

45.59

 

Outstanding at September 30, 2021

 

 

302,001

 

 

$

44.15

 

Schedule of Stock-Based Compensation Expense Recognized

Stock-based compensation expense recognized for the three and nine months ended September 30, 2021 and 2020 was allocated as follows:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Research and development

 

$

1,979,765

 

 

$

860,744

 

 

$

5,816,664

 

 

$

2,532,649

 

General and administrative

 

$

3,745,452

 

 

 

2,008,074

 

 

 

9,095,892

 

 

 

6,617,724

 

Total

 

$

5,725,217

 

 

$

2,868,818

 

 

$

14,912,556

 

 

$

9,150,373

 

 

Schedule of Warrant Activity

The following table summarizes warrant activity for the nine months ended September 30, 2021:

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

average

 

 

 

Number of warrants

 

 

exercise price

 

Outstanding at December 31, 2020

 

 

15,541

 

 

$

80.43

 

Issued

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

Outstanding at September 30, 2021

 

 

15,541

 

 

$

80.43