Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.7.0.1
Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes information about the Company’s stock options outstanding at March 31, 2017, and activity during the three month period then ended:
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
 
 
Remaining
 
 
 
 
 
Stock
 
Weighted-
Average
 
Contractual
Life
 
Aggregat
Ientrinsic
 
 
 
Awards
 
Exercise Price
 
(Years)
 
Value
 
Balance as of December 31, 2016
 
 
2,477
 
$
6.50
 
 
 
 
 
 
 
Options granted
 
 
56
 
$
3.47
 
 
 
 
 
 
 
Options exercised
 
 
(8)
 
$
3.05
 
 
 
 
 
 
 
Options forfeited
 
 
(40)
 
$
8.97
 
 
 
 
 
 
 
Options cancelled
 
 
(19)
 
$
7.63
 
 
 
 
 
 
 
Balance as of March 31, 2017
 
 
2,466
 
$
6.39
 
 
7.31
 
$
801
 
Vested and expected to vest at March 31, 2017
 
 
2,466
 
 
 
 
 
7.31
 
$
801
 
Exercisable as of  March 31, 2017
 
 
1,352
 
 
 
 
 
6.06
 
$
723
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The per-share fair value of each stock option was determined on the date of grant using the Black-Scholes option pricing model using the following assumptions:
 
 
 
Three months ended March 31,
 
 
 
2017
 
2016
 
 
 
 
 
 
 
Dividend yield
 
 
 
Risk-free interest rate
 
2.05% - 2.40%
 
1.24% - 1.78%
 
Expected term (in years)
 
6-10
 
5-10
 
Volatility
 
80% - 82%
 
77%
 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Total stock-based compensation expense related to options granted to employees and non-employees was included in the condensed consolidated statements of operations and comprehensive loss as follows:
 
 
 
Three months ended March 31,
 
 
 
2017
 
2016
 
Sales and marketing
 
$
20
 
$
232
 
Research and development
 
 
101
 
 
231
 
General and administrative
 
 
273
 
 
1,111
 
 
 
$
394
 
$
1,574