Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation Plans and Awards (Tables)

v2.4.1.9
Stock-based Compensation Plans and Awards (Tables)
3 Months Ended
Mar. 31, 2015
Stock-based Compensation Plans and Awards [Abstract]  
Summary of Stock Option Activity
    Weighted-        
    Average           
Weighted-     Remaining     Aggregate
Stock Average     Contractual     Intrinsic
    Awards     Exercise Price     Life (Years)     Value
Balance as of December 31, 2014     10,791,081     $ 0.79                  
Options granted     285,000     $ 1.39                  
Options exercised     (597,423 )   $ 0.57                  
Options forfeited     (10,126 )   $ 1.74                  
Options cancelled     -       -                  
Balance as of March 31, 2015     10,468,532     $ 0.82       7.62     $ 8,089  
Vested and expected to vest at March 31, 2015     9,841,985     $ 0.80       7.53     $ 7,813  
Exercisable as of March 31, 2015     5,457,721     $ 0.55       6.45     $ 5,571  
Schedule of Fair Value Calculation Assumptions
Three months ended March 31,
2015
2014
         
Dividend yield        
Risk-free interest rate     1.41% - 1.92%       1.74% - 2.67%  
Expected term (in years)     6-10       5-10  
Volatility     73%       66%  

 

Allocation of Stock Option Compensation Expense
Three months ended March 31,  
2015     2014       
Sales and marketing $ 132     $ 101  
Research and development   54       69  
General and administrative     163       197  
    $ 349     $ 367