XML 26 R18.htm IDEA: XBRL DOCUMENT v3.2.0.727
Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2015
Stock-based Compensation  
Summary of restricted stock activity

 

 

Shares

 

Weighted-
average
purchase price
per share

 

Unvested at December 31, 2014

 

15,387

 

$

0.69

 

Vested

 

(9,709

)

0.69

 

 

 

 

 

 

 

Unvested at March 31, 2015 (1)

 

5,678

 

$

0.69

 

 

 

 

 

 

 

 

 

Summary of stock option activity

 

 

Shares

 

Weighted-
average
exercise price
per share

 

Weighted-
average
remaining
contractual
term (years)

 

Aggregate
intrinsic
value

 

Outstanding at December 31, 2014

 

281,029

 

$

0.69

 

 

 

 

 

Granted

 

638,095

 

5.73

 

 

 

 

 

Exercised

 

(115,559

)

3.98

 

 

 

 

 

Canceled

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at March 31, 2015

 

803,565

 

$

4.23

 

9.3

 

$

1,761

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at March 31, 2015

 

132,057

 

$

1.71

 

7.3

 

$

621

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and expected to vest at March 31, 2015

 

778,817

 

$

4.32

 

9.4

 

$

1,636

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of assumptions used in Black-Scholes option-pricing model to estimate fair value of each stock option

 

 

 

 

 

 

 

 

Three months ended
March 31,

 

 

 

2015

 

2014

 

Risk-free interest rate

 

1.6 

%

1.8 

%

Dividend yield

 

 

 

Volatility

 

77 

%

77 

%

Expected term (years)

 

6.25 

 

6.25