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Stock Award Plans (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Stock Based Award Plans

The following table summarizes information about the Company’s stock-based award plans as of December 31, 2023:

 

 

 

Outstanding
Options

 

 

Outstanding
Restricted
Stock Units

 

 

Shares Available
for Future
Issuance

 

2013 Equity Incentive Plan

 

 

2,966,524

 

 

 

 

 

 

 

2018 Equity Incentive Plan

 

 

5,434,087

 

 

 

12,363,934

 

 

 

26,374,063

 

Total

 

 

8,400,611

 

 

 

12,363,934

 

 

 

26,374,063

 

Stock Based Compensation Expense Recognized in Consolidated Statements of Operations by Category

Total stock-based compensation expense recognized in the consolidated statements of operations is included in the following categories (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Cost of goods sold

 

$

1,589

 

 

$

329

 

 

$

407

 

Cost of revenue — collaborations and services

 

 

897

 

 

 

1,425

 

 

 

1,708

 

Research and development

 

 

1,442

 

 

 

1,044

 

 

 

614

 

Selling

 

 

2,291

 

 

 

1,194

 

 

 

2,578

 

General and administrative

 

 

11,430

 

 

 

9,455

 

 

 

6,893

 

Total

 

$

17,649

 

 

$

13,447

 

 

$

12,200

 

Summary of Stock Options Outstanding

The following table summarizes information relating to stock options:

 

 

 

Number of
Shares

 

 

Weighted
Average Exercise
Price per Share

 

 

Weighted
Average
Remaining
Contractual
Term
(Years)

 

 

Aggregate
Intrinsic
Value ($000)

 

Outstanding as of January 1, 2023

 

 

9,074,587

 

 

$

3.06

 

 

 

5.10

 

 

$

29,512

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(445,376

)

 

 

1.57

 

 

 

 

 

 

 

Forfeited

 

 

(3,420

)

 

 

2.53

 

 

 

 

 

 

 

Expired

 

 

(225,180

)

 

 

30.97

 

 

 

 

 

 

 

Outstanding as of December 31, 2023

 

 

8,400,611

 

 

$

2.39

 

 

 

4.07

 

 

$

15,153

 

Exercisable as of December 31, 2023

 

 

7,938,892

 

 

$

2.40

 

 

 

4.12

 

 

$

14,450

 

 

Summary of Restricted Stock Unit Activity

The following table summarizes information relating to restricted stock units:

 

 

 

Number of
Shares

 

 

Weighted
Average
Grant Date
Fair Value
per Share

 

Outstanding as of January 1, 2023

 

 

11,838,329

 

 

$

3.65

 

Granted

 

 

7,531,650

 

 

 

5.17

 

Vested

 

 

(6,053,264

)

 

 

3.41

 

Forfeited

 

 

(952,781

)

 

 

4.80

 

Outstanding as of December 31, 2023

 

 

12,363,934

 

 

 

4.61