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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2017
Stockholders' Equity [Abstract]  
Summary Of Stock Option Activity



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

Stock Options Outstanding



 

 

 

 

 

 

 

Weighted



Shares available

 

Number

 

 

 

 

average



for grant

 

of shares

 

Exercise price

 

exercise price

Balances, December 31, 2016

6,835 

 

22,501 

 

$

 1.1616.00 

 

$

6.30 

Additional shares reserved 

4,634 

 

 

 

 

 

 

 

 

Options granted

(5,600)

 

5,600 

 

 

3.305.37 

 

 

5.05 

Options exercised

—  

 

(1,369)

 

 

1.165.27

 

 

2.55 

Options canceled

1,599 

 

(1,599)

 

 

1.1616.0 

 

 

7.08 

Balances, September 30, 2017

7,468 

 

25,133 

 

$

 1.1616.0 

 

$

6.18 



Schedule Of Stock-Based Compensation Expense



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



Three-Month Periods Ended September 30,

 

Nine-Month Periods Ended September 30,

 



2017

 

2016

 

2017

 

2016

 

Cost of revenue

$

608 

 

$

549 

 

$

1,703 

 

$

1,610 

 

Research and development

 

2,071 

 

 

2,141 

 

 

6,131 

 

 

6,182 

 

Sales, general and administrative

 

2,289 

 

 

2,417 

 

 

7,128 

 

 

6,934 

 

Total stock-based compensation expense

$

4,968 

 

$

5,107 

 

$

14,962 

 

$

14,726 

 



Schedule Of Fair Value Of Employee Stock Options



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



Three-Month Periods Ended September 30,

 

Nine-Month Periods Ended September 30,

 

 

Stock Option

2017

 

2016

 

2017

 

2016

 

 

Expected term in years

6.1

 

6.1

 

6.1

 

6.1

 

 

Expected volatility

70%

 

70%

 

70%

 

70%

 

 

Risk-free interest rate

1.9%

 

1.3%

 

2.1%

 

1.5%

 

 

Dividend yield

 

 

 

 

 



 

 

 

 

 

 

 

 

 



Schedule Of Fair Value Of Employee Stock Purchase Plan



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Three-Month Periods Ended September 30,

 

Nine-Month Periods Ended September 30,

 

ESPP

2017

 

2016

 

2017

 

2016

 

Expected term in years

0.5-2.0

 

0.5-2.0

 

0.5-2.0

 

0.5-2.0

 

Expected volatility

70%

 

70%

 

70%

 

70%

 

Risk-free interest rate

1.1%-1.4%

 

0.5%-0.8%

 

0.8%-1.4%

 

0.5%-0.9%

 

Dividend yield