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STOCK OPTIONS (Tables)
12 Months Ended
Dec. 31, 2016
STOCK OPTIONS.  
Summary of option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

 

 

 

Exercise

 

Contractual

 

Intrinsic

 

Options

    

Shares

    

Price

    

Term in Years

    

Value

 

Outstanding at December 31, 2015

 

3,253,310

 

$

7.47

 

 

 

 

 

 

Granted

 

333,250

 

$

6.27

 

 

 

 

 

 

Forfeited

 

(257,570)

 

$

8.47

 

 

 

 

 

 

Exercised

 

(135,205)

 

$

1.41

 

 

 

 

 

 

Outstanding at December 31, 2016

 

3,193,785

 

$

7.52

 

6.93

 

$

571

 

Vested at December 31, 2016

 

1,811,996

 

$

7.54

 

6.32

 

$

563

 

Vested and expected to vest at December 31, 2016

 

2,741,045

 

$

7.52

 

6.81

 

$

568

 

 

Schedule of assumptions used principally in determining the fair value of options granted

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

    

2016

    

2015

    

2014

 

Risk-free interest rate

    

1.20 - 1.52%

 

1.53 - 1.89%

 

1.62 - 2.06%

 

Expected dividend yield

 

0%

 

0%

 

0%

 

Expected term (employee grants)

 

5.99 years

 

6.00 years

 

6.03 years

 

Expected volatility

 

111%

 

116%

 

124%