Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation

v3.7.0.1
Stock-Based Compensation
3 Months Ended
Mar. 31, 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 months ended March 31, 2017 and 2016 (in thousands):

 

 

 

Three months ended

 

 

 

March 31,

 

 

 

2017

 

 

2016

 

Research and development

 

$

1,218

 

 

$

1,850

 

General and administrative

 

 

1,570

 

 

 

1,344

 

Total stock-based compensation expense

 

$

2,788

 

 

$

3,194

 

 

Included in the above stock-based compensation table for the three months ended March 31, 2017 is $0.8 million related to a modification of options for the Chief Financial Officer who retired during the quarter.