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Stockholders' Equity and Employee Stock Option Plans
6 Months Ended
Jun. 30, 2018
Stockholders' Equity and Employee Stock Option Plans [Abstract]  
Stockholders' Equity and Employee Stock Option Plans
Stockholders’ Equity and Employee Stock Option Plans:
On April 17, 2017, the Company's Board of Directors approved an amendment to the Tax Benefit Preservation Plan (the "Tax Plan"), dated as of April 22, 2016, by and between the Company and Computershare Inc., as rights agent (the “Rights Agent”), to extend the Final Expiration Date (as such term is defined in the Tax Plan) to April 25, 2019.

Stock-based Compensation Expense

The following table summarizes stock-based compensation expense for the three months ended June 30, 2018 and 2017 and its allocation within the condensed consolidated statements of operations (in thousands):

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
Cost of revenues
$
60

 
$
45

 
$
118

 
$
74

Product development
105

 
119

 
199

 
243

Sales and marketing
91

 
27

 
179

 
129

General and administrative
253

 
251

 
457

 
463

Total
$
509

 
$
442

 
$
953

 
$
909



Stock Award Activity
 
There were no options exercised during the three and six months ended June 30, 2018 and 2017.

The total fair value of RSUs vested and released during the three and six months ended June 30, 2018 was $4,000 and $173,000, respectively. The total fair value of RSUs vested and released during the three and six months ended June 30, 2017 was approximately $147,000 and $196,000, respectively. The fair value is calculated by multiplying the fair market value of the Company’s common stock on the vesting date by the number of shares of common stock issued upon vesting.