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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Fair Values of Equity Awards, Primarily Stock Option Grants Estimated with Weighted Average Assumptions

The fair values of our equity awards, primarily stock option grants, were estimated with the following weighted average assumptions:

  

 

 

Year Ended

 

 

 

December 31,

 

 

 

2014

 

 

2013

 

Dividend yield

 

 

0

%

 

 

0

%

Expected life

 

3.3 years

 

 

4.2 years

 

Expected volatility

 

 

59

%

 

 

61

%

Risk-free interest rate

 

 

1.3

%

 

 

0.9

%

  

Stock-Based Compensation Expense

The impact on our results of operations of recording stock-based compensation expense for the years ended December 31, 2014 and 2013 was as follows (in thousands, except per share amounts):

  

 

 

Year Ended

 

 

 

December 31,

 

 

 

2014

 

 

2013

 

Cost of revenue—service

 

$

236

 

 

$

219

 

Selling, general and administrative

 

 

698

 

 

 

579

 

Research and development

 

 

48

 

 

 

100

 

Total stock-based compensation expense

 

$

982

 

 

$

898

 

Per basic and diluted share

 

$

0.08

 

 

$

0.08

 

  

Summary of Stock Option Activity

The following table summarizes stock option activity under the Plans for 2014 and 2013:

  

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Remaining

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

Contractual

 

 

Aggregate

 

 

 

Number of

 

 

Exercise

 

 

Life

 

 

Intrinsic

 

Stock Options

 

Shares

 

 

Price

 

 

(in years)

 

 

Value

 

Balance at January 1, 2013

 

 

1,539,618

 

 

$

3.55

 

 

 

4.24

 

 

 

 

 

Granted

 

 

328,080

 

 

 

3.03

 

 

 

 

 

 

 

 

 

Exercised

 

 

(31,925

)

 

 

2.49

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(130,131

)

 

 

3.23

 

 

 

 

 

 

 

 

 

Expired

 

 

(190,021

)

 

 

4.58

 

 

 

 

 

 

 

 

 

Balance at December 31, 2013

 

 

1,515,621

 

 

$

3.36

 

 

 

3.93

 

 

 

 

 

Granted

 

 

848,208

 

 

 

3.53

 

 

 

 

 

 

 

 

 

Exercised

 

 

(393,128

)

 

 

2.50

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(122,280

)

 

 

3.28

 

 

 

 

 

 

 

 

 

Expired

 

 

(295,061

)

 

 

4.34

 

 

 

 

 

 

 

 

 

Balance at December 31, 2014

 

 

1,553,360

 

 

$

3.50

 

 

 

7.04

 

 

$

1,820,452

 

Vested and expected to vest at December 31, 2014

 

 

1,441,285

 

 

$

3.49

 

 

 

6.88

 

 

$

1,706,553

 

Exercisable at December 31, 2014

 

 

571,589

 

 

$

3.44

 

 

 

4.04

 

 

$

786,385

 

  

Summary of Certain Information about Stock Options

The following table summarizes certain information about stock options for 2014 and 2013:

  

 

 

Year Ended

 

 

 

December 31,

 

 

 

2014

 

 

2013

 

Weighted average grant-date fair value for options granted

   during the year

 

$

1.73

 

 

$

1.59

 

Vested options in-the-money at December 31

 

 

443,309

 

 

 

734,130

 

Aggregate intrinsic value of options exercised

 

$

436,770

 

 

$

24,429

 

  

Summary of Restricted Stock Unit Activity

The following table summarizes restricted stock unit activity under the Stock Plan for 2014 and 2013:

  

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Average

 

 

 

Number of

 

 

Award

 

 

 

Shares

 

 

Price

 

Unvested at December 31, 2012

 

 

236,513

 

 

$

4.95

 

Granted

 

 

128,838

 

 

 

2.75

 

Vested

 

 

(171,404

)

 

 

3.82

 

Forfeited

 

 

(6,565

)

 

 

6.80

 

Unvested at December 31, 2013

 

 

187,382

 

 

$

4.40

 

Granted

 

 

110,235

 

 

 

3.21

 

Vested

 

 

(159,565

)

 

 

3.68

 

Forfeited

 

 

(57,873

)

 

 

5.51

 

Unvested at December 31, 2014

 

 

80,179

 

 

$

3.40

 

Expected to vest after December 31, 2014

 

 

76,756

 

 

$

3.38

 

  

Summary of Shares of Common Stock Reserved for Future Issuance under Plans

The following table summarizes our shares of common stock reserved for future issuance under the Plans at December 31, 2014 and 2013:

  

 

 

December 31,

 

 

 

2014

 

 

2013

 

Stock options outstanding

 

 

1,553,360

 

 

 

1,515,621

 

Restricted stock units outstanding

 

 

80,179

 

 

 

187,382

 

Stock options available for future grant

 

 

654,083

 

 

 

1,024,941

 

Common stock reserved for future issuance

 

 

2,287,622

 

 

 

2,727,944