Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.7.0.1
Stock-based Compensation (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2017, and activity during the six-month period then ended:
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
Weighted-
 
Remaining
 
Aggregate
 
 
 
Stock
 
Average
 
Contractual
 
Intrinsic
 
 
 
Awards
 
Exercise Price
 
Life (Years)
 
Value
 
Balance as of December 31, 2016
 
 
2,477
 
$
6.50
 
 
 
 
 
 
 
Options granted
 
 
266
 
$
2.98
 
 
 
 
 
 
 
Options exercised
 
 
(73)
 
$
0.58
 
 
 
 
 
 
 
Options forfeited
 
 
(105)
 
$
7.69
 
 
 
 
 
 
 
Options cancelled
 
 
(28)
 
$
8.12
 
 
 
 
 
 
 
Balance as of June 30, 2017
 
 
2,537
 
$
6.23
 
 
7.24
 
$
75
 
Vested and expected to vest at June 30, 2017
 
 
2,537
 
$
6.23
 
 
7.24
 
$
75
 
Exercisable as of June 30, 2017
 
 
1,424
 
$
6.44
 
 
5.99
 
$
75
 
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 June 30,
 
 
Six months ended June 30,
 
 
 
2017
 
 
2016
 
 
2017
 
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividend yield
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Risk-free interest rate
 
 
1.88
%
 
 
1.28% - 1.43%
 
 
 
1.88% - 2.29%
 
 
 
1.24% - 1.78%
 
Expected term (in years)
 
 
6
 
 
 
5-6
 
 
 
6 - 9
 
 
 
5-10
 
Volatility
 
 
77
%
 
 
78
%
 
 
77
%
 
 
78
%
Schedule of Unvested Restricted Stock Units Roll Forward
RSU activity for the six months ended June 30, 2017 is summarized below:
 
 
 
Number of Shares
 
Weighted- Average Grant Date Fair Value
 
Unvested as of January 1, 2017
 
 
-
 
 
 
 
Granted
 
 
273
 
$
2.30
 
Vested
 
 
-
 
 
 
 
Forfeited
 
 
-
 
 
 
 
Unvested at June 30, 2017
 
 
273
 
 
 
 
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 is included in the condensed consolidated statements of operations and comprehensive loss as follows:
 
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Sales and marketing
 
$
158
 
$
206
 
$
178
 
$
438
 
Research and development
 
 
82
 
 
141
 
 
184
 
 
372
 
General and administrative
 
 
283
 
 
180
 
 
557
 
 
1,291
 
Restructuring Charges
 
 
186
 
 
-
 
 
186
 
 
-
 
 
 
$
709
 
$
527
 
$
1,105
 
$
2,101