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Share-based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Summary of Share-Based Compensation Expense | For the years ended December 31, 2016, 2015 and 2014, the following table presents total share-based compensation expense in each functional line item on the consolidated statements of operations (in thousands):
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Cost of revenues | $ | 235 |  |  | $ | 233 |  |  | $ | 5 |
Research and development | 868 |  |  | 1,003 |  |  | 654 |
Sales and marketing | 707 |  |  | 579 |  |  | 247 |
General and administrative | 2,778 |  |  | 2,963 |  |  | 1,384 |
Restructuring charges | — |  |  | 1,572 |  |  | 1,298 |
Total | $ | 4,588 |  |  | $ | 6,350 |  |  | $ | 3,588 |
Share-based Compensation Stock Option Fair Value Assumptions | The following table presents the weighted-average assumptions used in the Hull-White I valuation model and the Black-Scholes valuation model by the Company in calculating the fair value of each Replacement Option and executive bonus stock option, respectively, granted under the 2015 Plan for the year ended December 31, 2015:
| Hull-White I |  |
| Executive |  | Non-executive |  | Black-Scholes
Expected dividend yield | — | % |  | — | % |  | — | %
Risk-free interest rate | 2.1 | % |  | 2.1 | % |  | 1.4 | %
Volatility | 64 | % |  | 64 | % |  | 67 | %
Expected term (in years) | n/a |  |  | n/a |  |  | 5.0 |
Suboptimal exercise factor | 2.570 |  |  | 1.626 |  |  | n/a |
Post-vesting termination rate | 3 | % |  | 3 | % |  | n/a |
The following table presents the weighted-average assumptions used in the Black-Scholes valuation model by the Company in calculating the fair value of each stock option granted under the 2009 Plan:
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Expected dividend yield | — | % |  | — | % |  | — | %
Risk-free interest rate | 1.7 | % |  | 1.4 | % |  | 1.4 | %
Volatility | 79 | % |  | 69 | % |  | 80 | %
Expected term (in years) | 5.0 |  |  | 4.5 |  |  | 4.6 |
Summary of Stock Option Activity | The following table summarizes the Company’s stock option activity under all plans for the years ended December 31, 2016 and 2015 (dollars in thousands, except per share data):
| Stock Options Outstanding |  | Weighted-Average Exercise Price Per Option |  | Weighted-Average Remaining Contractual Term (in years) |  | Aggregate Intrinsic Value
Outstanding — December 31, 2014 | 3,064,880 |  |  | $ | 5.27 |  |  |  |  |
Granted | 6,656,737 |  |  | 3.02 |  |  |  |  |
Exercised | (273,005 | ) |  | 2.26 |  |  |  |  |
Canceled | (3,363,776 | ) |  | 5.14 |  |  |  |  |
Outstanding — December 31, 2015 | 6,084,836 |  |  | 3.01 |  |  |  |  |
Granted | 1,051,550 |  |  | 1.65 |  |  |  |  |
Exercised | (78,384 | ) |  | 1.12 |  |  |  |  |
Canceled | (701,799 | ) |  | 4.35 |  |  |  |  |
Outstanding — December 31, 2016 | 6,356,203 |  |  | $ | 2.64 |  |  | 7.94 |  | $ | 3,592 |
Vested and Expected to Vest — December 31, 2016 | 5,729,553 |  |  | $ | 2.72 |  |  | 7.84 |  | $ | 3,180 |
Exercisable — December 31, 2016 | 2,461,614 |  |  | $ | 3.69 |  |  | 6.58 |  | $ | 1,023 |
Summary of Restricted Stock Unit Activity | A summary of restricted stock unit activity under all plans for the year ended December 31, 2016 is presented below:
| Number of Shares |  | Weighted-Average Grant-Date Fair Value
Non-vested — December 31, 2015 | 960,203 |  |  | $ | 3.39 |
Granted | 2,914,000 |  |  | 1.62 |
Vested | (461,866 | ) |  | 3.30 |
Forfeited | (436,537 | ) |  | 2.03 |
Non-vested — December 31, 2016 | 2,975,800 |  |  | $ | 1.87 |

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- Definition Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value. + References No definition available. + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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