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Stockholders' Equity (Tables)
9 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Stock-Based Compensation Expense Related to Stock Options and RSUs
The following table summarizes stock-based compensation expense related to RSUs, stock options, and ESPP shares, which was allocated as follows (amounts shown in thousands):
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Cost of revenue
$
25

 
$
12

 
$
54

 
$
42

Selling and marketing
596

 
371

 
1,977

 
1,113

Research and development
482

 
275

 
1,298

 
717

General and administrative
877

 
979

 
2,598

 
2,073

Stock-based compensation expense included in expenses
$
1,980

 
$
1,637

 
$
5,927

 
$
3,945

Fair Value Calculations for Stock-Based Compensation Awards
 The fair value calculations for stock-based compensation awards to employees for the nine months ended June 30, 2018 and 2017 were based on the following assumptions:
 
Nine Months Ended June 30, 2018
 
Nine Months Ended June 30, 2017
Risk-free interest rate
2.04%
 
1.68% – 1.92%
Expected life (years)
5.15
 
5.32
Expected volatility
60%
 
78%
Expected dividends
None
 
None
Stock Option Activity
The following table summarizes stock option activity under the Company’s equity plans during the nine months ended June 30, 2018:
 
Number of
Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining
Contractual Term
(in Years)
Outstanding, September 30, 2017
2,845,866

 
$
4.21

 
5.4
Granted
299,397

 
$
8.60

 
 
Exercised
(186,505
)
 
$
2.65

 
 
Canceled
(87,742
)
 
$
5.24

 
 
Outstanding, June 30, 2018
2,871,016

 
$
4.73

 
5.4
RSU Activity
The following table summarizes RSU activity under the Company’s equity plans during the nine months ended June 30, 2018:
 
Number of
Shares
 
Weighted-Average
Fair Market Value
Per Share
Outstanding, September 30, 2017
2,357,021

 
$
5.65

Granted
1,010,842

 
$
8.55

Settled
(705,747
)
 
$
5.08

Canceled
(186,452
)
 
$
7.33

Outstanding, June 30, 2018
2,475,664

 
$
6.84