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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock-Based Compensation Expense Related to Options Granted to Employees and Consultants

The following table sets forth stock-based compensation expense related to options granted to employees and consultants for all periods presented (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Research and development

$

610

 

 

$

247

 

 

$

1,200

 

 

$

421

 

General and administrative

 

731

 

 

 

357

 

 

 

1,546

 

 

 

597

 

Total

$

1,341

 

 

$

604

 

 

$

2,746

 

 

$

1,018

 

 

Summary of Stock Option Activity Under Plans

 

The following summarizes option activity under the 2012 Equity Incentive Plan and 2015 Stock Option and Incentive Plan:

 

 

 

Shares Subject to

 

 

Weighted Average

 

 

 

Outstanding

Options

 

 

Exercise Price

Per Share

 

Balance at December 31, 2016

 

 

2,141,868

 

 

$

6.42

 

Options granted

 

 

1,340,475

 

 

$

12.49

 

Options exercised

 

 

(15,281

)

 

$

1.66

 

Options canceled

 

 

(134,920

)

 

$

10.01

 

Balance at June 30, 2017

 

 

3,332,142

 

 

$

8.74