XML 23 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stock-Based Compensation
 9 Months Ended
Sep. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock-Based Compensation

NOTE 7—STOCK-BASED COMPENSATION

The following table shows total stock-based compensation expense included in the condensed consolidated statements of operations for the three and nine months ended September 30, 2017 and 2016 (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Research and development

 

$

1,331

 

 

$

1,790

 

 

$

3,766

 

 

$

5,368

 

General and administrative

 

 

888

 

 

 

945

 

 

 

3,203

 

 

 

7,760

 

Total stock-based compensation expense

 

$

2,219

 

 

$

2,735

 

 

$

6,969

 

 

$

13,128

 

 

Included in the above stock-based compensation table for the nine months ended September 30, 2017 is $0.8 million related to a modification of options for the Company’s former chief financial officer who retired during the three months ended March 31, 2017. For the nine months ended September 30, 2016 the Company recognized $4.1 million in stock-based compensation expense associated with separation costs for the transition of the Company’s former chief executive officer in June 2016.