Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.20.1
Stock-based Compensation (Tables)
 3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Equity Compensation Plan by Arrangements

The following table contains information about the Company’s stock plan at March 31, 2020:

 

    Awards
Reserved for
Issuance		     Awards
Issued &
Exercised		     Awards
Available
for Grant		  
2013 Equity Compensation Plan (in thousands)     28,948 *     23,061 **     5,887  
                         

 

* Increased by 6,526 thousand on January 1, 2020 representing 4% of the total number of shares of common stock outstanding on December 31, 2019.
** Includes both stock grants and option grants

Schedule of Recognized Stock-Based Compensation

The Company recognized stock-based compensation expense (options and restricted share grants) in its condensed consolidated statements of operations as follows:

 

    Three Months Ended March 31,  
    2020     2019  
Research and Development   $ 822     $ 299  
General and Administrative     625       505  
Total   $ 1,447     $ 804  

Schedule of Stock Option Activity

The following table summarizes the activity for Company’ stock options for the three months ended March 31, 2020 (in thousands):

 

    Stock Options  
Outstanding at January 1, 2020     17,529  
Granted     3,495  
Exercised     (100 )*
Forfeited     (72 )
Cancelled     -  
Expired     (290 )
Outstanding at March 31, 2020     20,562  

 

* Converted into approximately 56.5 thousand shares of common stock.