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Stockholder's Equity (Tables)
3 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The weighted-averages for key assumptions used in determining the fair value of stock options granted were as follows:
 
Three Months Ended
March 31,
 
2019
 
2018
Volatility
59.2%
 
56.0%
Risk-free interest rate
2.62%
 
2.40%
Expected life in years
6.17
 
6.23
Dividend yield rate
—%
 
—%
Share-based Compensation, Stock Options, Activity
A summary of the status of the Company’s nonvested options as of and changes during the three months ended March 31, 2019, are presented below:
 
 
 
Weighted-Average
 
Stock
 
Grant Date
 
Options
 
Fair Value
Outstanding, December 31, 2018
3,257,801
 
$
7.32

Granted
822,975
 
10.38

Vested
(458,567)
 
6.96

Cancelled/forfeited
(192,978)
 
8.10

Outstanding, March 31, 2019
3,429,231
 
$
8.06

A summary of stock option activity under the Plan for the three months ended March 31, 2019, is presented below:
 
 
 
 
 
Weighted
 
 
 
 
 
Weighted
 
Average
 
Aggregate
 
 
 
Average
 
Remaining
 
Intrinsic
 
Stock
 
Exercise
 
Contractual
 
Value
 
Options
 
Per Share
 
Terms (Years)
 
(in thousands)
Outstanding, December 31, 2018
3,257,801
 
$
11.99

 
9.26
 
$
7,119

Granted
822,975
 
18.09

 
 
 


Exercised
(20,544)
 
9.98

 
 
 


Cancelled/forfeited
(192,978)
 
12.15

 
 
 


Outstanding, March 31, 2019
3,867,254
 
$
13.29

 
8.78
 
$
37,345

Exercisable, March 31, 2019
438,023
 
$
10.15

 
4.85
 
$
5,440

Schedule of Share-based Compensation, Restricted Stock Units Award Activity
A summary of RSUs activity under the Plan for the three months ended March 31, 2019, is presented below:
 
 
 
Weighted
 
Restricted
 
Average
 
Stock
 
Grant Date
 
Units
 
Fair Value
Outstanding, December 31, 2018
271,404
 
$
16.53

Granted
3,000
 
18.33

Forfeited
(17,534)
 
13.08

Outstanding, March 31, 2019
256,870
 
$
16.79

Schedule of stock-based compensation expense allocation
The following table summarizes stock-based compensation expense (in thousands) arising from the above Plan:
 
Three Months Ended
March 31,
 
2019
 
2018
General and administrative
$
1,744

 
$
677

Research and development
254

 
329

 
$
1,998

 
$
1,006