Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation Plans and Awards (Tables)

v3.3.0.814
Stock-based Compensation Plans and Awards (Tables)
9 Months Ended
Sep. 30, 2015
Stock-based Compensation Plans and Awards [Abstract]  
Summary of Stock Option Activity
    Weighted-        
    Average           
Stock Weighted-     Remaining     Aggregate
Awards Average     Contractual     Intrinsic
    Outstanding     Exercise Price     Life (Years)     Value
Balance as of December 31, 2014     10,791,081     $ 0.79                  
Options granted     3,332,800     $ 1.40                  
Options exercised     (1,067,806 )   $ 0.52                  
Options forfeited     (128,888 )   $ 0.76                  
Options cancelled     (104,813   $ 0.50                  
Balance as of September 30, 2015     12,822,374     $ 0.98       7.84     $ 4,154  
Vested and expected to vest at September 30, 2015     11,850,532     $ 0.95       7.73     $ 4,098  
Exercisable as of September 30, 2015     6,103,793     $ 0.66       6.51     $ 3,498  
Schedule of Fair Value Calculation Assumptions
 

Three months ended

September 30,

Nine months ended

September 30,

 
  2015     2014(1)
2015  
2014
         
             
Dividend yield                
Risk-free interest rate     1.68 %    
  1.41 - 2.50 %     1.74 - 2.61 %
Expected term (in years)     6.08    
  6.08-10       6.08-10  
Volatility     75.27 %         73.21 - 75.27 %     65.66-66.46  %

 

Allocation of Stock Option Compensation Expense
 

Three months ended

September 30,

 

Nine months ended

September 30,

 
  2015 2014   2015     2014       
                         
Sales and marketing $ 147 $ 9   $ 440     $ 260  
Research and development 133 36     295       125  
General and administrative 187 72       524       425  
  $ 467
$ 117     $ 1,259     $ 810