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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2015
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
A summary of the Company’s restricted stock units (“RSUs”) activity and weighted average exercise prices follows:
 
Number of Shares
 
Weighted Average
Grant Date Fair Value (Per Share)
 
Aggregate Fair Value (in thousands)
Balance outstanding at December 31, 2014

 
$

 
$

Granted
1,256,500

 

 

Exercised

 

 
 
Forfeited

 
 
 
 
Non-vested and outstanding at June 30, 2015
1,256,500

 
$
2.08

 
$
12,326

Expected to vest at June 30, 2015
876,364

 
$
2.05

 
$
8,597

Summary of Stock-Based Compensation Expense Related to Employee Stock Options
The following table summarizes stock-based compensation expense related to employee stock options under ASC 718-10 included in Company’s statements of operations for the periods presented (amounts in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
Cost of revenue
$
476

 
$
484

 
$
804

 
$
844

Sales and marketing expense
937

 
923

 
1,532

 
1,737

Product development expense
953

 
931

 
1,892

 
1,611

General and administrative expense
746

 
869

 
1,678

 
1,712

Total stock-based compensation included in costs and expenses
$
3,112

 
$
3,207

 
$
5,906

 
$
5,904

Weighted Average Assumptions of Fair Value Options Using Black-Scholes Option-Pricing Model
The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
Dividend yield
0.0%
 
0.0%
 
0.0%
 
0.0%
Risk-free interest rate
1.4%
 
1.6% - 1.7%
 
1.3% - 1.4%
 
1.5% - 1.7%
Expected life (in years)
5
 
5
 
5
 
5
Historical volatility
49.4%
 
52.6% - 53.2%
 
49.4% - 49.7%
 
52.6% - 53.7%
Summary of Stock Option Activity and Weighted Average Exercise Prices
A summary of the Company’s stock option activity and weighted average exercise prices follows:
 
Stock Option Activity
 
Weighted Average Remaining Contractual Term (in years)
 
Aggregate Intrinsic Value (in thousands)
 
Options
 
Weighted
Average
Exercise Price
 
 
Balance outstanding at December 31, 2014
10,769,149

 
$
10.95

 
 
 
 
Granted
738,250

 
10.27

 
 
 
 
Exercised
(478,663
)
 
4.31

 
 
 
 
Cancelled or expired
(926,578
)
 
12.32

 
 
 
 
Balance outstanding at June 30, 2015
10,102,158

 
$
11.83

 
7.04
 
$
7,388

Options vested and expected to vest at June 30, 2015
8,831,900

 
$
11.09

 
6.79
 
$
7,302

Options exercisable at June 30, 2015
5,025,493

 
$
10.61

 
5.69
 
$
6,953

Summary of Status of Nonvested Shares
A summary of the status of the Company’s nonvested shares as of December 31, 2014, and changes during the six months ended June 30, 2015 is as follows:
 
Options
 
Weighted
Average Grant-
Date Fair Value
Nonvested Shares at December 31, 2014
6,032,315

 
$
5.66

Granted
738,250

 
4.54

Vested
(767,322
)
 
2.85

Cancelled or expired
(926,578
)
 
6.04

Nonvested Shares at June 30, 2015
5,076,665

 
$
5.54