XML 26 R13.htm IDEA: XBRL DOCUMENT v3.7.0.1
Share-based Compensation
 3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based Compensation
Share-based Compensation
The Company included the following amounts for share-based compensation awards in the unaudited condensed consolidated statements of operations (in thousands):
 
Three Months Ended
March 31,
  
2017
 
2016
Cost of revenues
$
54

 
$
52

Research and development
199

 
249

Sales and marketing
129

 
210

General and administrative
709

 
555

Total
$
1,091

 
$
1,066


Stock Options
The following table summarizes the Company’s stock option activity:
Outstanding — December 31, 2015
6,084,836

Granted
1,051,550

Exercised
(78,384
)
Canceled
(701,799
)
Outstanding — December 31, 2016
6,356,203

Granted
100,000

Exercised
—

Canceled
(482,827
)
Outstanding — March 31, 2017
5,973,376

Exercisable — March 31, 2017
2,958,891


At March 31, 2017, total unrecognized compensation expense related to stock options was $3.3 million, which is expected to be recognized over a weighted-average period of 2.39 years.
Restricted Stock Units
The following table summarizes the Company’s restricted stock unit (“RSU”) activity:
Non-vested — December 31, 2015
960,203

Granted
2,914,000

Vested
(461,866
)
Forfeited
(436,537
)
Non-vested — December 31, 2016
2,975,800

Granted
22,500

Vested
(886,803
)
Forfeited
(36,805
)
Non-vested — March 31, 2017
2,074,692


At March 31, 2017, total unrecognized compensation expense related to RSUs was $2.7 million, which is expected to be recognized over a weighted-average period of 2.63 years.
Employee Stock Purchase Plan
During the three months ended March 31, 2017 and 2016, the Company recognized $0.1 million and $0.1 million, respectively, of stock-based compensation expense related to the employee stock purchase plan.