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Stock-Based Compensation and Benefit Plans (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2015
Dec. 31, 2014
Stock-Based Compensation and Benefit Plans    
Summary of stock based compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

    

June 30, 2015

    

June 30, 2014

    

June 30, 2015

    

June 30, 2014

Stock-based compensation costs included in:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

$

12,543

 

$

1,571

 

$

16,438

 

$

3,746

Sales and marketing expenses

 

 

18,938

 

 

2,226

 

 

31,061

 

 

4,017

Research and development expenses

 

 

21,706

 

 

1,314

 

 

39,141

 

 

3,379

General and administrative expenses

 

 

30,215

 

 

33,588

 

 

67,668

 

 

74,067

Total stock-based compensation expense

 

$

83,402

 

$

38,699

 

$

154,308

 

$

85,209

 

 

 

 

 

 

 

 

 

 

Year Ended

 

    

December 31, 2014

    

December 31, 2013

Stock-based compensation costs included in:

 

 

 

 

 

 

Cost of revenue

 

$

21,753 

 

$

1,815 

Sales and marketing expenses

 

 

51,803 

 

 

67,697 

Research and development expenses

 

 

41,365 

 

 

48,609 

General and administrative expenses

 

 

201,255 

 

 

582,594 

Total stock-based compensation expense

 

$

316,176 

 

$

700,715 

 

Schedule of fair values of stock options granted and assumptions used for the Black-Scholes-Merton option pricing model

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

    

June 30,

    

June 30,

    

June 30,

    

June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Estimated Fair Value

 

$

15,557

 

$

93,089

 

$

100,289

 

$

93,089

 

Shares Issuable Under Options Granted

 

 

93,000

 

 

110,000

 

 

558,000

 

 

110,000

 

Expected Term

 

 

3 Years

 

 

3 Years

 

 

2 to 3 Years

 

 

3 Years

 

Expected Dividend

 

 

0

%  

 

0

%  

 

0

%

 

0

%

Volatility

 

 

30

%

 

29.4

%

 

26% to 30

%

 

29.4

%

Risk Free Interest Rate

 

 

0.86% to 0.91

%

 

0.88

%

 

0.22% to 1.07

%

 

0.88

%

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

    

December 31,

    

December 31,

 

 

 

2014

 

2013

 

Estimated Fair Value

 

$

339,671 

 

$

306,189 

 

Shares Issuable Under Options Granted

 

 

2,004,420 

 

 

330,470 

 

Expected Term

 

 

2 to 3 Years

 

 

3 Years

 

Expected Dividend

 

 

 -

%

 

 -

%

Volatility

 

 

27% to 29

%

 

30% to 33

%

Risk Free Interest Rate

 

 

0.22% to 1.00

%

 

0.34% to 0.90

%