XML 37 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of Changes in Stockholders’ Equity

The following tables present changes in stockholders’ equity for the six-month periods ended June 30, 2020 and 2019 (in thousands, except share data):

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

Accumulated

Other

 

 

 

 

 

 

Total

 

 

 

Common

 

 

Paid-In

 

 

Comprehensive

 

 

Accumulated

 

 

Stockholders’

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Income (Loss)

 

 

Deficit

 

 

Equity

 

Balance at December 31, 2019

 

 

50,198,044

 

 

$

5

 

 

$

570,493

 

 

$

261

 

 

$

(300,878

)

 

$

269,881

 

Issuance of common stock through at-the-market

   offerings, net of issuance costs of $48

 

 

351,252

 

 

 

-

 

 

 

5,079

 

 

 

-

 

 

 

-

 

 

 

5,079

 

Exercise of stock options

 

 

53,579

 

 

 

-

 

 

 

336

 

 

 

-

 

 

 

-

 

 

 

336

 

Equity-based compensation

 

 

-

 

 

 

-

 

 

 

4,157

 

 

 

-

 

 

 

-

 

 

 

4,157

 

Other comprehensive income

 

 

-

 

 

 

-

 

 

 

-

 

 

 

112

 

 

 

-

 

 

 

112

 

Net loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(31,806

)

 

 

(31,806

)

Balance at March 31, 2020

 

 

50,602,875

 

 

 

5

 

 

 

580,065

 

 

 

373

 

 

 

(332,684

)

 

 

247,759

 

Issuance of common stock through follow-on

   offering, net of issuance costs of $369

 

 

6,301,370

 

 

 

1

 

 

 

107,731

 

 

 

-

 

 

 

-

 

 

 

107,732

 

Issuance of common stock in private placement

   with Regeneron

 

 

925,218

 

 

 

-

 

 

 

12,580

 

 

 

-

 

 

 

-

 

 

 

12,580

 

Issuance of common stock through at-the-market

   offerings, net of issuance costs of $23

 

 

755,848

 

 

 

-

 

 

 

9,643

 

 

 

-

 

 

 

-

 

 

 

9,643

 

Exercise of stock options

 

 

83,631

 

 

 

-

 

 

 

1,035

 

 

 

-

 

 

 

-

 

 

 

1,035

 

Issuance of shares under employee stock

   purchase plan

 

 

55,296

 

 

 

-

 

 

 

685

 

 

 

-

 

 

 

-

 

 

 

685

 

Equity-based compensation

 

 

-

 

 

 

-

 

 

 

4,764

 

 

 

-

 

 

 

-

 

 

 

4,764

 

Other comprehensive loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(218

)

 

 

-

 

 

 

(218

)

Net loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(32,393

)

 

 

(32,393

)

Balance at June 30, 2020

 

 

58,724,238

 

 

$

6

 

 

$

716,503

 

 

$

155

 

 

$

(365,077

)

 

$

351,587

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

Accumulated

Other

 

 

 

 

 

 

Total

 

 

 

Common

 

 

Paid-In

 

 

Comprehensive

 

 

Accumulated

 

 

Stockholders’

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

(Loss) Income

 

 

Deficit

 

 

Equity

 

Balance at December 31, 2018

 

 

45,224,480

 

 

$

5

 

 

$

478,968

 

 

$

(28

)

 

$

(201,025

)

 

$

277,920

 

Retroactive adjustment to beginning

   accumulated deficit for adoption of ASC 842

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(320

)

 

 

(320

)

Issuance of common stock through at-the-market

   offerings, net of issuance costs of $120

 

 

223,818

 

 

 

-

 

 

 

3,639

 

 

 

-

 

 

 

-

 

 

 

3,639

 

Exercise of stock options

 

 

30,800

 

 

 

-

 

 

 

360

 

 

 

-

 

 

 

-

 

 

 

360

 

Equity-based compensation

 

 

-

 

 

 

-

 

 

 

4,592

 

 

 

-

 

 

 

-

 

 

 

4,592

 

Other comprehensive income

 

 

-

 

 

 

-

 

 

 

-

 

 

 

87

 

 

 

-

 

 

 

87

 

Net loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(21,940

)

 

 

(21,940

)

Balance at March 31, 2019

 

 

45,479,098

 

 

 

5

 

 

 

487,559

 

 

 

59

 

 

 

(223,285

)

 

 

264,338

 

Issuance of common stock through at-the-market

   offerings, net of issuance costs of $3

 

 

1,986,579

 

 

 

-

 

 

 

31,413

 

 

 

-

 

 

 

-

 

 

 

31,413

 

Exercise of stock options

 

 

203,072

 

 

 

-

 

 

 

1,664

 

 

 

-

 

 

 

-

 

 

 

1,664

 

Issuance of shares under employee stock

   purchase plan

 

 

45,826

 

 

 

-

 

 

 

534

 

 

 

-

 

 

 

-

 

 

 

534

 

Equity-based compensation

 

 

-

 

 

 

-

 

 

 

4,404

 

 

 

-

 

 

 

-

 

 

 

4,404

 

Other comprehensive income

 

 

-

 

 

 

-

 

 

 

-

 

 

 

196

 

 

 

-

 

 

 

196

 

Net loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(25,683

)

 

 

(25,683

)

Balance at June 30, 2019

 

 

47,714,575

 

 

$

5

 

 

$

525,574

 

 

$

255

 

 

$

(248,968

)

 

$

276,866