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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Summary of equity incentive program
A summary of our equity incentive program is as follows (in thousands):
 December 31, 2020
Common stock shares available for grant3,254 
Stock options outstanding 828 
RSAs outstanding130 
RSUs outstanding802 
PSUs outstanding250 
Summary of time-based stock options
The following summarizes activities for the time-based stock options for the year ended December 31, 2020:
Number of Shares
Underlying Stock Options
(in thousands)
Weighted Average
Exercise Price
Per Share
Weighted Average
Remaining Contractual Life
(Years)
Aggregate
Intrinsic Value
Outstanding at December 31, 2019967 $8.55 5.63$16 
Granted456 7.58 
Exercised(76)7.62 
Canceled or expired(519)8.46 
Outstanding as of December 31, 2020828 $8.16 4.36$2,628 
Vested and expected to vest at December 31, 2020734 $8.24 4.20$2,273 
Exercisable at December 31, 2020362 $8.26 2.71$887 
Summary of restricted stock units activities
The following summarizes RSUs activities for the year ended December 31, 2020:
Number of Restricted Stock UnisWeighted Average Grant Date Fair Value
Weighted Average
Remaining Contractual Life
(Years)
Aggregate
Intrinsic Value
Outstanding at December 31, 2019945 $8.81 1.25$7,020 
Granted515 5.95 
Released(367)9.01 
Forfeited(291)8.53 
Outstanding at December 31, 2020802 $6.98 1.00$9,057 
Summary of restricted stock awards activities
The following summarizes RSA activities for the year ended December 31, 2020:
Number of Restricted Stock Awards
(in thousands)
Weighted Average Grant Date Fair ValueWeighted Average Remaining Recognition Period
(Years)
Outstanding at December 31, 201991 $7.45 0.45
Granted142 6.43 
Released(71)7.18 
Forfeited(32)7.27 
Outstanding at December 31, 2020130 $6.53 0.45
Summary of stock-based compensation expenses The stock-based compensation related to all of our stock-based awards and ESPP for the years ended December 31, 2020 and 2019 is as follows (in thousands):
 For the Years Ended
December 31,
 20202019
Stock options$1,062 $701 
RSUs, RSAs and PSUs3,638 4,692 
ESPP56 71 
Total$4,756 $5,464 
Sales and marketing$846 $947 
Research and development870 1,304 
General and administrative3,040 3,213 
Total$4,756 $5,464 
Summary of assumptions used to value option grants
The assumptions used to value options granted under our equity incentive program are as follows:
Time-based stock options:
For the Year Ended
December 31,
 20202019
Expected life (in years)4.24.4
Volatility52%55%
Interest rate1.0%2.0%
Dividend yield
Market condition based restricted stock units:
 For the Year Ended
December 31,
 2020
2019 1
Expected life (in years)1.2N/A
Volatility52%N/A
Interest rate1.0%N/A
Dividend yieldN/A
(1) No market condition based restricted stock units were granted during the year ended December 31, 2019.