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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of fair value of options granted

The weighted-average assumptions used in the Black-Scholes option-pricing model used to calculate the fair value of options granted during the year ended December 31, 2018, were as follows:

 

   Employee  Non-Employee
Expected volatility  71.0%-79.8%  N/A
Expected dividend yield    N/A
Expected term (in years)  3.0-3.5  N/A
Risk-free interest rate  71.0%-79.8%  N/A

 

The weighted-average assumptions used in the Black-Scholes option-pricing model used to calculate the fair value of options granted during the year ended December 31, 2019, were as follows:

 

   Employee  Non-Employee
Expected volatility  76.4%-80.6%  N/A
Expected dividend yield    N/A
Expected term (in years)  3.0-6.0  N/A
Risk-free interest rate  1.63%-2.48%  N/A
Schedule of stock option activity

   Number of
Options
   Weighted
Average
Exercise
Price
Share
   Weighted
Average
Remaining
Contractual
Per Term
(years)
   Aggregate
Intrinsic
Value (1)
 
Outstanding at December 31, 2017   82,590   $33.40        3.7   $     — 
Granted   8,974   $30.60    4.4   $ 
Exercised   (2,450)  $10.00           
Forfeited   (2,525)  $           
Expired   (530)  $           
Outstanding at December 31, 2018   86,059   $31.40    4.0   $ 
Granted   58,396   $25.80    4.9   $ 
Exercised   (3,450)  $13.00       $ 
Forfeited   (3,445)  $       $ 
Expired   (1,071)  $       $ 
Outstanding at December 31, 2019   136,489   $27.84    3.9   $ 
Exercisable at December 31, 2019   88,029   $30.77    2.8   $ 

 

(1)The aggregate intrinsic value on the table was calculated based on the difference between the estimated fair value of the Company's stock and the exercise price of the underlying option. The estimated stock values used in the calculation was $11.00 and $11.70 per share for each of the years ended December 31, 2019 and 2018 respectively.
Schedule of summarizes restricted stock unit activity

   Number of   Weighted Average
Grant Date Fair Value Per
 
   Units   Units 
Outstanding as of December 31, 2017   14,395   $37.20 
Granted   3,787(1)  $32.40 
Vested   (11,190)  $51.20 
Forfeited   (179)  $139.80 
Outstanding as of December 31, 2018   6,813   $19.60 
Granted   6,191(2)  $30.20 
Vested   (7,127)  $22.00 
Forfeited      $ 
Outstanding as of December 31, 2019   5,877   $30.28 

 

(1)641 restricted stock units were granted on June 12, 2017 with a weighted average grant date fair value of $13.00 and 3,146 restricted stock units were granted on June 12, 2018 with a weighted average grant date fair value of $36.40

 

(2)314 restricted stock units were granted on February 14, 2019 with a weighted average grant date fair value of $17.09. 3,877 restricted stock units were granted on June 18, 2019 with a weighted average grant date fair value of $28.40. 2,000 restricted stock units were granted on June 30, 2019 with a weighted average grant date fair value of $36.00.
Schedule of stock-based compensation expense

   Years Ended December 31, 
   2019   2018 
Research and development  $14   $106 
General and administrative   859    3,306 
Total stock-based compensation expense  $873   $3,412