Stock Award Plans (Tables)
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12 Months Ended |
Dec. 31, 2023 |
|---|
| Share-Based Payment Arrangement [Abstract] |
|
| Stock Based Award Plans |
The following table summarizes information about the Company’s stock-based award plans as of December 31, 2023:
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Outstanding
Options |
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|
Outstanding
Restricted
Stock Units |
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|
Shares Available
for Future
Issuance |
|
2013 Equity Incentive Plan |
|
|
2,966,524 |
|
|
|
— |
|
|
|
— |
|
2018 Equity Incentive Plan |
|
|
5,434,087 |
|
|
|
12,363,934 |
|
|
|
26,374,063 |
|
Total |
|
|
8,400,611 |
|
|
|
12,363,934 |
|
|
|
26,374,063 |
|
|
| Stock Based Compensation Expense Recognized in Consolidated Statements of Operations by Category |
Total stock-based compensation expense recognized in the consolidated statements of operations is included in the following categories (in thousands):
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Year Ended December 31, |
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|
2023 |
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|
2022 |
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|
2021 |
|
Cost of goods sold |
|
$ |
1,589 |
|
|
$ |
329 |
|
|
$ |
407 |
|
Cost of revenue — collaborations and services |
|
|
897 |
|
|
|
1,425 |
|
|
|
1,708 |
|
Research and development |
|
|
1,442 |
|
|
|
1,044 |
|
|
|
614 |
|
Selling |
|
|
2,291 |
|
|
|
1,194 |
|
|
|
2,578 |
|
General and administrative |
|
|
11,430 |
|
|
|
9,455 |
|
|
|
6,893 |
|
Total |
|
$ |
17,649 |
|
|
$ |
13,447 |
|
|
$ |
12,200 |
|
|
| Summary of Stock Options Outstanding |
The following table summarizes information relating to stock options:
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Number of
Shares |
|
|
Weighted
Average Exercise
Price per Share |
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|
Weighted
Average
Remaining
Contractual
Term
(Years) |
|
|
Aggregate
Intrinsic
Value ($000) |
|
Outstanding as of January 1, 2023 |
|
|
9,074,587 |
|
|
$ |
3.06 |
|
|
|
5.10 |
|
|
$ |
29,512 |
|
Granted |
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|
— |
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|
— |
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Exercised |
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|
(445,376 |
) |
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|
1.57 |
|
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|
|
|
|
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Forfeited |
|
|
(3,420 |
) |
|
|
2.53 |
|
|
|
|
|
|
|
Expired |
|
|
(225,180 |
) |
|
|
30.97 |
|
|
|
|
|
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|
Outstanding as of December 31, 2023 |
|
|
8,400,611 |
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|
$ |
2.39 |
|
|
|
4.07 |
|
|
$ |
15,153 |
|
Exercisable as of December 31, 2023 |
|
|
7,938,892 |
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|
$ |
2.40 |
|
|
|
4.12 |
|
|
$ |
14,450 |
|
|
| Summary of Restricted Stock Unit Activity |
The following table summarizes information relating to restricted stock units:
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Number of
Shares |
|
|
Weighted
Average
Grant Date
Fair Value
per Share |
|
Outstanding as of January 1, 2023 |
|
|
11,838,329 |
|
|
$ |
3.65 |
|
Granted |
|
|
7,531,650 |
|
|
|
5.17 |
|
Vested |
|
|
(6,053,264 |
) |
|
|
3.41 |
|
Forfeited |
|
|
(952,781 |
) |
|
|
4.80 |
|
Outstanding as of December 31, 2023 |
|
|
12,363,934 |
|
|
|
4.61 |
|
|