XML 45 R34.htm IDEA: XBRL DOCUMENT v3.19.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Activity under Stock-Based Compensation Plans

A summary of activity for the Company’s stock option plans for the three months ended March 31, 2019 follows:

 

 

 

Number

Outstanding

 

 

Average Exercise

Price per Share

 

 

Weighted Average

Remaining

Contractual Term

(Years)

 

 

Average

Intrinsic

Value

 

Balance at December 31, 2018

 

 

621,602

 

 

$

5.87

 

 

 

6.32

 

 

$

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled or Expired

 

 

(46,000

)

 

 

8.52

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at March 31, 2019

 

 

575,602

 

 

$

5.66

 

 

 

6.50

 

 

$

302,233

 

Vested or expected to vest at

    March 31, 2019

 

 

574,705

 

 

$

5.66

 

 

 

6.56

 

 

$

301,623

 

Exercisable at March 31, 2019

 

 

520,045

 

 

$

5.79

 

 

 

6.50

 

 

$

264,454

 

Summary Information about Options Outstanding

The following table summarizes information about options outstanding as of March 31, 2019:

 

 

 

Options Outstanding

 

 

Options Exercisable

 

Range of Exercise Prices

 

Number

Outstanding

 

 

Weighted

Average

Remaining

Contractual Life

(Years)

 

 

Weighted

Average Exercise

Price

 

 

Number

Exercisable

 

 

Weighted

Average Exercise

Price

 

$4.36 - $7.20

 

 

468,810

 

 

 

7.03

 

 

$

4.46

 

 

 

413,253

 

 

$

4.47

 

$7.50 - $11.30

 

 

85,198

 

 

 

4.89

 

 

 

9.74

 

 

 

85,198

 

 

 

9.74

 

$12.00 - $19.70

 

 

17,244

 

 

 

3.26

 

 

 

13.60

 

 

 

17,244

 

 

 

13.60

 

$21.70 - $24.20

 

 

4,350

 

 

 

2.43

 

 

 

23.27

 

 

 

4,350

 

 

 

23.27

 

$4.36 - $24.20

 

 

575,602

 

 

 

 

 

 

 

 

 

 

 

520,045

 

 

 

 

 

Summary of RSU Activity

The following is a summary of RSU activity for the three months ended March 31, 2019:

 

 

 

 

Number

of RSUs

 

 

Weighted Average

Fair Value

 

Unvested at December 31, 2018

 

 

1,367,630

 

 

$

3.81

 

Granted

 

 

226,000

 

 

 

5.21

 

Vested

 

 

(152,527

)

 

 

3.60

 

Forfeited

 

 

(10,871

)

 

 

3.45

 

Unvested at March 31, 2019

 

 

1,430,232

 

 

$

4.05

 

Shares vested but not released

 

 

425,966

 

 

$

3.39

 

Stock-Based Compensation Expense Related to Stock Options and RSUs

The following table illustrates all employee stock-based compensation expense related to stock options and RSUs included in the condensed consolidated statements of operations for the three months ended March 31, 2019 and 2018 (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2019

 

 

2018

 

Cost of revenue

 

$

29

 

 

$

19

 

Research and development

 

 

114

 

 

 

135

 

Selling and marketing

 

 

180

 

 

 

158

 

General and administrative

 

 

364

 

 

 

323

 

Total

 

$

687

 

 

$

635