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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Assumptions used in the Black-Scholes Option-Pricing Model

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Risk free interest rate
1.9% to 2.1%
 
1.1% to 1.3%
 
1.9% to 2.3%
 
1.1% to 1.4%
Expected term
6.1 years
 
5.1 to 6.1 years
 
5.1 to 6.1 years
 
5.1 to 6.1 years
Expected volatility
75.1% to 75.5%
 
77.0% to 78.1%
 
75.1% to 76.6%
 
77.0% to 78.1%
Expected dividend yield
—%
 
—%
 
—%
 
—%
Stock-Based Compensation Expense
The following table summarizes the components of total stock-based compensation expense included in the condensed consolidated statements of operations (in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Cost of contract manufacturing
$

 
$
98

 
$
71

 
$
294

Research and development
294

 
532

 
1,313

 
1,449

Selling, general and administrative
968

 
1,311

 
2,682

 
3,460

Total
$
1,262

 
$
1,941

 
$
4,066

 
$
5,203