XML 50 R15.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Stock-Based Compensation | 6 Months Ended
--- | ---
Jun. 30, 2015
Stock-Based Compensation [Abstract] |
Stock-Based Compensation | Note 8. Stock-Based Compensation We account for stock-based compensation in accordance with the provisions of FASB Accounting Standards Codification (“ASC”) topic 718, Compensation-Stock Compensation (“ASC 718”), which established accounting for stock-based awards exchanged for employee services. Stock-based compensation cost is measured at each grant date, based on the fair value of the award, and is recognized as expense over the employee’s requisite service period of the award. All of our stock compensation is accounted for as an equity instrument. The following table summarizes compensation costs related to our stock-based awards (in thousands, except per share data):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Cost of revenue |  | $ | 5 |  |  | $ | 5 |  |  | $ | 10 |  |  | $ | 10 |
Selling, general and administrative |  |  | 417 |  |  |  | 245 |  |  |  | 642 |  |  |  | 489 |
Research and development |  |  | 44 |  |  |  | 47 |  |  |  | 88 |  |  |  | 90 |
Total stock-based compensation |  |  | 466 |  |  |  | 297 |  |  |  | 740 |  |  |  | 589 |
Tax effect on stock-based compensation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net effect on net income (loss) |  | $ | 466 |  |  | $ | 297 |  |  | $ | 740 |  |  | $ | 589 |
As of June 30, 2015, the unamortized compensation costs related to unvested stock options granted to employees under our stock option plan was approximately $1.2 million, net of estimated forfeitures of $68,000. These costs will be amortized on a straight-line basis over a weighted-average period of approximately 2.5 years and will be adjusted for subsequent changes in estimated forfeitures. We elected not to capitalize any stock-based compensation to inventory as of June 30, 2015 due to the immateriality of the amount. We estimate the fair value of stock options using the Black-Scholes valuation model, consistent with the provisions of ASC 718. There were 20,000 and 52,000 options granted with weighted average grant date fair values of $0.48 and $1.10 in the three and six months ended June 30, 2015 and 2014, respectively. The fair value of our stock options granted to employees for the three and six months ended June 30, 2015 was estimated using the following weighted-average assumptions:
|  | Three Months Ended June 30, 2015 |  |  | Six Months Ended June 30, 2015 |
Expected term (in years) |  |  | 1.0 |  |  |  | 1.0 |
Volatility |  |  | 54.21 | % |  |  | 54.21 | %
Expected dividend |  |  | 0 | % |  |  | 0 | %
Risk-free interest rate |  |  | 1.86 | % |  |  | 1.86 | %
The following table summarizes the stock option transactions during the six months ended June 30, 2015 (in thousands, except per share data):
Stock Options |  | Shares |  |  | Weighted- average Exercise Price |  |  | Weighted- average Remaining Contractual Life (in years) |  |  | Aggregate Intrinsic Value |
Balance as of January 1, 2015 |  |  | 3,198 |  |  | $ | 3.12 |  |  |  | 6.95 |  |  | $ | 1,247 |
Granted |  |  | 20 |  |  |  | 2.51 |  |  |  |  |  |  |  |  |
Exercised |  |  | (54 | ) |  |  | 1.40 |  |  |  |  |  |  |  |  |
Canceled and expired |  |  | (62 | ) |  |  | 3.86 |  |  |  |  |  |  |  |  |
Balance as of June 30, 2015 |  |  | 3,102 |  |  | $ | 3.13 |  |  |  | 5.54 |  |  | $ | 659 |
Options vested as of June 30, 2015 and unvested options expected to vest, net of forfeitures |  |  | 3,102 |  |  | $ | 3.13 |  |  |  | 5.54 |  |  | $ | 659 |
Options exercisable as of June 30, 2015 |  |  | 1,998 |  |  | $ | 3.44 |  |  |  | 4.38 |  |  | $ | 547 |
The aggregate intrinsic value in the table above represents the total pretax intrinsic value, based on our closing price of $2.52 on June 30, 2015, which would have been received by the option holder had all option holders exercised their options on that date. Restricted stock awards A summary of activity related to restricted stock awards for the six months ended June 30, 2015 is presented below (in thousands, except per share data):
Stock Awards |  | Shares |  |  | Weighted-Average Grant Date Fair Value |
Non-vested as of January 1, 2015 |  |  | 261 |  |  | $ | 2.71 |
Granted |  |  | 336 |  |  | $ | 2.56 |
Vested |  |  | (118 | ) |  | $ | 2.65 |
Forfeited |  |  | (13 | ) |  | $ | 2.34 |
Non-vested as of June 30, 2015 |  |  | 466 |  |  | $ | 2.63 |
As of June 30, 2015, the unamortized compensation costs related to unvested restricted stock awards was approximately $1.1 million, which is to be amortized on a straight-line basis over a weighted average period of approximately 1.8 years.

X
- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51659978&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration