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Equity Incentive Awards (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Options Activity The following table summarizes the Company’s option activity and related information:
Number of
Options
(in thousands)
Weighted-
Average
Exercise Price
Balance at December 31, 202113,288 $9.34 
Options granted6,994 1.33 
Options exercised(15)0.19 
Options forfeited(3,469)5.96 
Balance at June 30, 202216,798 $6.71 
Exercisable as of June 30, 20224,739 $12.02 
Summary of Restricted Stock Units Activity The following table summarizes the Company’s RSUs activity and related information:
Number of Units
(in thousands)
Weighted-
Average Grant-
Date Fair Value
Outstanding at December 31, 20212,126 $3.76 
Granted857 1.43 
Vested and released(376)4.64 
Forfeited(220)2.51 
Outstanding at June 30, 20222,387 $2.90 
Summary of Stock-Based Compensation Expense The following table presents, by operating expense, the Company’s stock-based compensation expense:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
(In thousands)
Research and development$1,830 $2,579 $3,763 $4,918 
General and administrative3,112 5,655 6,560 10,540 
Total stock-based compensation expense$4,942 $8,234 $10,323 $15,458