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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
Schedule of Stock-Based Compensation Expense Allocation

Total stock-based compensation expense was recorded to cost of revenues and operating expenses based upon the functional responsibilities of the individuals holding the respective awards as follows (in thousands):

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Cost of revenues

 

$

84

 

 

$

94

 

 

$

143

 

 

$

152

 

Sales and marketing

 

 

12

 

 

 

17

 

 

 

35

 

 

 

48

 

Research and development

 

 

(38

)

 

 

23

 

 

 

(10

)

 

 

(14

)

General and administrative

 

 

313

 

 

 

195

 

 

 

1,048

 

 

 

618

 

Total

 

$

371

 

 

$

329

 

 

$

1,216

 

 

$

804

 

 

Employees [Member]  
Assumptions Used to Value Options Granted

The weighted-average grant date fair values of options granted to employees during the nine months ended September 30, 2017 and 2016 were $2.43 and $4.71, respectively, using the following assumptions

 

 

 

Nine Months Ended

September 30,

 

 

 

2017

 

 

2016

 

Risk free interest rate

 

1.45% - 1.59%

 

 

0.85% - 1.14%

 

Expected term

 

4.5 - 4.75 years

 

 

4.75 years

 

Dividend yield

 

 

-

 

 

 

-

 

Expected volatility

 

53.15% - 55.20%

 

 

78.08% - 79.29%