Stockholders' Equity and Stock-based Compensation Expense

3 Months Ended

Mar. 31, 2014

Stockholders' Equity and Stock-based Compensation Expense [Abstract]

Stockholders' Equity and Stock-based Compensation Expense

Note 7. Stockholders’ Equity and Stock-based Compensation Expense

Stock-based Compensation Expense

Stock-based compensation expense by department recognized during the three months ended March 31, 2014 and 2013 were as follows (in thousands):

	Three Months Ended March 31,
	2014			2013
Cost of revenue		$	132		$	159
Sales and marketing			71			199
Research and development			124			101
General and administrative			298			361
Total stock-based compensation expense		$	625		$	820

Under the 2004 Equity Incentive Plan, the Company issued 248,001 shares of common stock during the three months ended March 31, 2014, in conjunction with stock options exercised.

During the three months ended March 31, 2014, the following number of equity awards of the Company’s common stock was granted (in thousands):

	Shares
Stock options		132
Restricted stock units		5
Total		137

As of March 31, 2014, there was $3.5 million of unrecognized compensation expense, net of projected forfeitures related to non-vested stock awards. The expense is expected to be recognized over the remaining weighted-average period of 2.5 years.