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Stock-Based Compensation
9 Months Ended
Sep. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock-Based Compensation

2.

STOCK-BASED COMPENSATION

Total stock-based compensation expense was allocated to research and development, manufacturing and production and general and administrative expense as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Research and development

 

$

93

 

 

$

186

 

 

$

309

 

 

$

628

 

Manufacturing and production

 

 

42

 

 

 

56

 

 

 

123

 

 

 

177

 

General and administrative

 

 

302

 

 

 

488

 

 

 

1,102

 

 

 

1,646

 

Total stock-based compensation expense

 

$

437

 

 

$

730

 

 

$

1,534

 

 

$

2,451

 

 

During the nine months ended September 30, 2015 and 2014, the Company granted stock-based awards with a total estimated value of $1.9 million and $2.3 million, respectively. At September 30, 2015, total unrecognized estimated compensation expense related to unvested stock-based awards granted prior to that date was $1.7 million, which is expected to be recognized over a weighted-average period of 1.4 years. Stock-based awards granted during the nine months ended September 30, 2015 and 2014, were equal to 3.3% and 3.0%, respectively, of the outstanding shares of common stock at the end of the applicable period.