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Stock Options (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Outstanding Stock Option Activity

The following table summarizes the outstanding stock option activity during the periods indicated:

 

 

 

Number

of shares

 

 

Weighted

average

exercise

price

 

 

Weighted

average

remaining contractual term

 

Balance at December 31, 2015

 

 

756,692

 

 

 

2.10

 

 

 

7.60

 

Granted

 

 

359,319

 

 

 

2.60

 

 

 

9.40

 

Exercised

 

 

(58,155

)

 

 

2.36

 

 

 

3.50

 

Expired/Forfeited

 

 

(17,469

)

 

 

2.13

 

 

 

2.60

 

Balance at December 31, 2016

 

 

1,040,387

 

 

 

2.25

 

 

 

7.80

 

Granted

 

 

420,144

 

 

15.11

 

 

 

9.73

 

Exercised

 

 

(211,713

)

 

2.06

 

 

 

6.14

 

Expired/Forfeited

 

 

(14,719

)

 

 

5.80

 

 

 

0.14

 

Balance at June 30, 2017

 

 

1,234,099

 

 

6.62

 

 

 

8.31

 

Vested and exercisable at June 30, 2017

 

 

524,065

 

 

2.07

 

 

6.95

 

Vested and expected to vest at June 30, 2017

 

 

1,234,099

 

 

6.62

 

 

8.31