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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2018
Schedule of Stock-Based Compensation Expense Allocation

Stock-based compensation expense for the three months ended June 30, 2018 and 2017 was $0.5 million and $0.5 million, respectively. Stock-based compensation expense for the six months ended June 30, 2018 and 2017 was $1.1 million and $0.8 million, respectively. 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

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Cost of revenues

 

$

39

 

 

$

31

 

 

$

77

 

 

$

59

 

Sales and marketing

 

 

12

 

 

 

12

 

 

 

25

 

 

 

23

 

Research and development

 

 

40

 

 

 

71

 

 

 

58

 

 

 

28

 

General and administrative

 

 

412

 

 

 

390

 

 

 

909

 

 

 

735

 

Total

 

$

503

 

 

$

504

 

 

$

1,069

 

 

$

845

 

 

Employees [Member]  
Assumptions Used to Value Options Granted

The weighted-average grant date fair values of options granted to employees during the six months ended June 30, 2018 and 2017 were $3.40 and $2.43, respectively, using the following assumptions

 

 

 

Six Months Ended

June 30,

 

 

 

2018

 

 

2017

 

Risk free interest rate

 

2.15%

 

 

1.45% - 1.59%

 

Expected term

 

4.75 years

 

 

4.5 - 4.75 years

 

Dividend yield

 

 

 

 

Expected volatility

 

47.79% - 47.86%

 

 

53.15% - 55.20%