Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.20.2
Stock-based Compensation (Tables)
 6 Months Ended
Jun. 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 June 30, 2020:

 

 

   

Awards

Reserved for

Issuance

    

Awards

Issued &

Exercised

    

Awards

Available

for Grant

  
2013 Equity Compensation Plan (in thousands)     28,948 *     24,836 **     4,112  

 

* 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

June 30,

    

Six Months Ended

June 30,

  
    2020     2019     2020     2019  
Research and Development   $ 358     $ 350     $ 1,180     $ 649  
General and Administrative     587       472       1,212       977  
Total   $ 945     $ 822     $ 2,392     $ 1,626  
Schedule of Stock Option Activity

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

 

 

    Stock Options  
Outstanding at January 1, 2020     17,529  
Granted     5,250  
Exercised     (100 )*
Forfeited     (72 )
Cancelled     -  
Expired     (290 )
Outstanding at June 30, 2020     22,317  

 

  * Converted into approximately 56.5 thousand shares of common stock.