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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Value Profits Interests Granted The assumptions used to value profits interests granted during the six months ended June 30, 2020 and 2019 are as follows

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

Expected term (in years)

 

 

6.0

 

 

 

6.0

 

Risk-free rate

 

 

0.36

%

 

 

2.43

%

Expected volatility

 

 

140.45

%

 

 

72.02

%

Expected dividend yield

 

 

0

%

 

 

0

%

 

Schedule of Unvested Restricted Stock Activity

A summary of the Company’s unvested restricted stock activity and related information during the six months ended June 30, 2020 is as follows:

 

Weighted Average

 

 

 

 

 

 

 

 

Grant Date

 

 

 

 

 

 

 

 

Fair Value

 

 

 

 

 

 

 

 

Nonvested, January 1, 2020

 

 

2,038,955

 

 

 

2.04

 

Granted

 

 

879

 

 

 

2.34

 

Vested

 

 

(150,379

)

 

 

0.57

 

Forfeited or canceled

 

 

(634,491

)

 

 

1.83

 

Nonvested, June 30, 2020

 

 

1,254,965

 

 

 

2.33

 

Schedule of Stock-Based Compensation Activity

The Company has recognized the following compensation cost related to employee and non-employee stock-based compensation activities (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Research and development

 

$

31

 

 

$

61

 

 

$

112

 

 

$

175

 

General and administrative

 

 

152

 

 

 

124

 

 

 

318

 

 

 

265

 

Total

 

$

183

 

 

$

185

 

 

$

430

 

 

$

440