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Stockholders' Equity (Tables)
6 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Stock-Based Compensation Expense Related to Stock Options and RSUs
The following table summarizes stock-based compensation expense related to stock options and RSUs, which was allocated as follows (amounts shown in thousands):
 
Three Months Ended March 31,
 
Six Months Ended March 31,
 
2017
 
2016
 
2017
 
2016
Cost of revenue
$
47

 
$
10

 
$
87

 
$
10

Sales and marketing
360

 
287

 
674

 
530

Research and development
239

 
162

 
452

 
342

General and administrative
577

 
713

 
1,095

 
1,279

Stock-based compensation expense included in expenses
$
1,223

 
$
1,172

 
$
2,308

 
$
2,161

Fair Value Calculations for Stock-Based Compensation Awards
 The fair value calculations for stock-based compensation awards to employees for the six months ended March 31, 2017 and 2016 were based on the following assumptions:
 
Six Months Ended March 31, 2017
 
Six Months Ended March 31, 2016
Risk-free interest rate
1.68% – 1.92%
 
1.43% – 1.75%
Expected life (years)
5.32
 
5.90
Expected volatility
78%
 
83%
Expected dividends
None
 
None
Stock Option Activity
The following table summarizes stock option activity under the Company’s equity plans during the six months ended March 31, 2017:
 
Number of
Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining
Contractual Term
(in Years)
Outstanding, September 30, 2016
3,015,374

 
$
3.95

 
6.4
Granted
107,800

 
$
6.13

 
 
Exercised
(10,291
)
 
$
2.85

 
 
Canceled
(32,501
)
 
$
4.29

 
 
Outstanding, March 31, 2017
3,080,382

 
$
4.02

 
6.0
RSU Activity
The following table summarizes RSU activity under the Company’s equity plans during the six months ended March 31, 2017:
 
Number of
Shares
 
Weighted-Average
Fair Market Value
Per Share
Outstanding, September 30, 2016
2,046,169

 
$
4.90

Granted
917,785

 
$
5.77

Settled
(532,333
)
 
$
4.62

Canceled
(75,506
)
 
$
5.15

Outstanding, March 31, 2017
2,356,115

 
$
5.11