Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.20.2
Stock-based Compensation (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2020:

 

 

   

Awards

Reserved for

Issuance

    

Awards

Issued &

Exercised

    

Awards

Available

for Grant

  
2013 Equity Compensation Plan (in thousands)     28,948 *     24,875 **     4,073  

 

* 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

September 30,

    

Nine Months Ended

September 30,

  
    2020     2019     2020     2019  
Research and Development   $ 358     $ 185     $ 1,538     $ 834  
General and Administrative     595       486       1,807       1,463  
Total   $ 953     $ 671     $ 3,345     $ 2,297  
Schedule of Stock Option Activity

The following table summarizes the activity for Company’ stock options for the three months ended September 30, 2020 (in thousands):

 

 

    Stock Options  
Outstanding at January 1, 2020     17,529  
Granted     5,538  
Exercised     (176 )*
Forfeited     (72 )
Cancelled     -  
Expired     (559 )
Outstanding at September 30, 2020     22,260  

 

  * Resulted in the issuance of approximately 132.1 thousand shares of common stock.