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Stock-Based Compensation
9 Months Ended
Sep. 30, 2022
Stock-Based Compensation  
Stock-Based Compensation

9.       Stock-Based Compensation

The following table summarizes the classification of stock-based compensation expense in the Company’s condensed consolidated statements of operations related to options and restricted stock units granted to employees and nonemployees:

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(in thousands)

    

2022

    

2021

    

2022

    

2021

Cost of goods sold (1)

$

184

$

394

$

555

$

896

Research and development

 

5,173

 

4,126

 

14,707

 

14,642

Selling, general and administrative

 

6,925

 

7,419

 

23,749

 

24,880

Stock-based compensation expense

$

12,282

$

11,939

$

39,011

$

40,418

 

 

 

 

Stock-based compensation expense capitalized into inventory

$

290

$

241

$

904

$

758

(1)Stock-based compensation capitalized into inventory is recognized as cost of goods sold when the related product is sold.