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Stock-Based Compensation
9 Months Ended
Sep. 30, 2016
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,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Research and development

 

$

69

 

 

$

93

 

 

$

228

 

 

$

309

 

Manufacturing and production

 

 

25

 

 

 

42

 

 

 

89

 

 

 

123

 

General and administrative

 

 

119

 

 

 

302

 

 

 

487

 

 

 

1,102

 

Total stock-based compensation expense

 

$

213

 

 

$

437

 

 

$

804

 

 

$

1,534

 

 

During the nine months ended September 30, 2016 and 2015, the Company granted stock-based awards with a total estimated value of $0.6 million and $1.9 million, respectively. At September 30, 2016, total unrecognized estimated compensation expense related to unvested stock-based awards granted prior to that date was $0.8 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, 2016 and 2015, were equal to 3.1% and 3.3%, respectively, of the outstanding shares of common stock at the end of the applicable period.