Stock-Based Compensation

3 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Note 7 — Stock-Based Compensation

Total stock-based compensation expense was recognized in our Condensed Consolidated Statements of Operations as follows (in thousands):


	Three months ended March 31,
	2015		2014
Cost of goods sold	$	324	$	319
Research and development expense		2,422		1,973
General and administrative expense		2,431		2,069

Total stock-based compensation	$	5,177	$	4,361

During the three months ended March 31, 2015 and 2014, we granted 410,810 and 3,133,180 stock options, respectively, at a weighted-average grant-date fair value of $6.56 per share and $5.97 per share, respectively. As a result of stock issuances under our equity compensation plans, during the three months ended March 31, 2015 and 2014, we issued 235,298 and 667,374 common shares, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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