XML 38 R22.htm IDEA: XBRL DOCUMENT
v3.19.2

Stockholders Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Stock-Based Compensation Expense |
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2019 |  | 2018 |  | 2019 |  | 2018 |
Research and development expense |  | $ | 578,843 |  | $ | 427,355 |  | $ | 1,086,665 |  | $ | 852,564 |
General and administrative expense |  |  | 940,552 |  |  | 723,034 |  |  | 1,815,174 |  |  | 1,413,655 |
Total stock-based compensation expense |  | $ | 1,519,395 |  | $ | 1,150,389 |  | $ | 2,901,839 |  | $ | 2,266,219 |
2003 Stock Incentive Plan |
Company's Stock Option Activity | A summary of the Company’s stock option activity under the 2003 Plan for the six months ended June 30, 2019 is as follows:
|  |  |  |  |  | Weighted-Average |  |  |  |
|  |  |  |  |  | Remaining |  | Aggregate |
|  | Outstanding |  | Weighted-Average |  | Contractual Term |  | Intrinsic Value |
|  | Options |  | Exercise Price |  | (Years) |  | (In thousands) |
Outstanding as of December 31, 2018 |  | 667,080 |  | $ | 1.24 |  | 2.2 |  |  |  |
Options exercised |  | (11,000) |  |  | 1.12 |  |  |  |  |  |
Options forfeited |  | — |  |  | — |  |  |  |  |  |
Outstanding, Vested and Exercisable as of June 30, 2019 |  | 656,080 |  |  | 1.25 |  | 1.7 |  | $ | 7,004 |
2013 Equity Incentive Plan |
Company's Stock Option Activity | A summary of the Company’s stock option activity under the 2013 Plan for the six months ended June 30, 2019 is as follows:
|  |  |  |  |  | Weighted-Average |  |  |  |
|  |  |  |  |  | Remaining |  | Aggregate |
|  | Outstanding |  | Weighted-Average |  | Contractual Term |  | Intrinsic Value |
|  | Options |  | Exercise Price |  | (Years) |  | (In thousands) |
Outstanding as of December 31, 2018 |  | 3,265,254 |  | $ | 8.39 |  | 7.1 |  |  |  |
Options granted |  | 1,172,596 |  |  | 11.00 |  |  |  |  |  |
Options exercised |  | (16,606) |  |  | 5.66 |  |  |  |  |  |
Options forfeited |  | (4,175) |  |  | 16.24 |  |  |  |  |  |
Outstanding as of June 30, 2019 |  | 4,417,069 |  |  | 10.45 |  | 7.4 |  | $ | 12,795 |
Vested or expected to vest as of June 30, 2019 |  | 4,417,069 |  |  | 10.45 |  | 7.4 |  | $ | 12,795 |
Exercisable as of June 30, 2019 |  | 2,450,440 |  |  | 9.00 |  | 6.1 |  | $ | 9,830 |
Weighted-Average Fair Value of Options Granted |
|  | Six Months Ended June 30,
|  | 2019 |  | 2018
Expected term |  | 6.25 years |  | 6.25 years
Expected volatility |  | 71.14% |  | 73.82%
Risk-free interest rate |  | 2.55% |  | 2.49%
Expected dividend yield |  | 0% |  | 0%
Summary of RSU Activity | The following is a summary of RSU activity under the 2013 Plan for the six months ended June 30, 2019:
|  |  |  |  | Weighted-Average |
|  |  | Number of Shares |  | Grant Date |
|  | Underlying RSUs |  |  | Fair Value |
Unvested at December 31, 2018 |  |  | 4,833 |  | $ | 4.61 |
Granted |  |  | — |  |  | — |
Forfeited |  |  | — |  |  | — |
Vested |  |  | 4,833 |  |  | 4.61 |
Unvested at June 30, 2019 |  |  | — |  |  | — |

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_PlanNameAxis=glyc_StockIncentivePlan2003Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=glyc_EquityIncentivePlan2013Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |