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Stock-Based Compensation and Plans (Tables)
12 Months Ended
Dec. 31, 2016
Schedule of Share-based Compensation, Stock Options, Activity
Option activity under the Plan for the year ended December 31, 2016, was as follows (in thousands, except as noted):
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted-
 
 
Average
 
 
 
 
 
 
 
 
 
Average
 
 
Remaining
 
 
Aggregate
 
 
 
 
 
 
Exercise
 
 
Contractual
 
 
Intrinsic
 
 
 
Options
 
 
Price
 
 
Term
 
 
Value
 
 
 
 
 
 
(per share)
 
 
(in years)
 
 
 
 
Year Ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2015
 
 
5,752
 
 
$
1.05
 
 
 
5.3
 
 
$
1,972
 
Granted
 
 
1,315
 
 
 
2.54
 
 
 
9.3
 
 
 
 
 
Exercised
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
Forfeited/expired
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2016
 
 
7,067
 
 
$
1.33
 
 
 
5.2
 
 
$
2,241
 
Vested and expected to vest December 31, 2016
 
 
6,728
 
 
$
1.27
 
 
 
5.0
 
 
$
2,239
 
Exercisable at December 31, 2016
 
 
5,442
 
 
$
1.01
 
 
 
4.1
 
 
$
2,236
 
 
Option activity under the Plan for the year ended December 31, 2015, was as follows (in thousands, except as noted):
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted-
 
 
Average
 
 
 
 
 
 
 
 
 
Average
 
 
Remaining
 
 
Aggregate
 
 
 
 
 
 
Exercise
 
 
Contractual
 
 
Intrinsic
 
 
 
Options
 
 
Price
 
 
Term
 
 
Value
 
 
 
 
 
 
(per share)
 
 
(in years)
 
 
 
 
Year Ended December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2014
 
 
5,428
 
 
$
1.03
 
 
 
6.0
 
 
$
8,829
 
Granted
 
 
349
 
 
 
1.46
 
 
 
9.3
 
 
 
 
 
Exercised
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
Forfeited/expired
 
 
(25)
 
 
 
2.71
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2015
 
 
5,752
 
 
$
1.05
 
 
 
5.3
 
 
$
1,972
 
Vested and expected to vest December 31, 2015
 
 
5,666
 
 
$
1.04
 
 
 
5.2
 
 
$
1,972
 
Exercisable at December 31, 2015
 
 
5,079
 
 
$
1.00
 
 
 
4.9
 
 
$
1,839
 
 
Option activity under the Plan for the year ended December 31, 2014, was as follows (in thousands, except as noted):
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted-
 
 
Average
 
 
 
 
 
 
 
 
 
Average
 
 
Remaining
 
 
Aggregate
 
 
 
 
 
 
Exercise
 
 
Contractual
 
 
Intrinsic
 
 
 
Options
 
 
Price
 
 
Term
 
 
Value
 
 
 
 
 
 
(per share)
 
 
(in years)
 
 
 
 
Year Ended December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2013
 
 
6,032
 
 
$
0.90
 
 
 
6.8
 
 
$
18,672
 
Granted
 
 
325
 
 
 
2.57
 
 
 
9.4
 
 
 
 
 
Exercised
 
 
(525)
 
 
 
0.83
 
 
 
 
 
 
 
 
 
Forfeited/expired
 
 
(404)
 
 
 
0.68
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2014
 
 
5,428
 
 
$
1.03
 
 
 
6.0
 
 
$
8,829
 
Vested and expected to vest December 31, 2014
 
 
5,428
 
 
$
1.03
 
 
 
6.0
 
 
$
8,829
 
Exercisable at December 31, 2014
 
 
4,735
 
 
$
0.99
 
 
 
5.6
 
 
$
7,931
 
Warrant [Member]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
For stock options granted during 2016, 2015 and 2014 the following weighted average assumptions were used in determining fair value:
 
 
 
2016
 
2015
 
2014
 
Risk-free interest rate
 
 
1.37%
 
 
1.65%
 
 
2.12%
 
Expected volatility
 
 
109%
 
 
138%
 
 
174%
 
Expected term in years
 
 
6.1
 
 
6.1
 
 
6.7
 
Dividend yield
 
 
-%
 
 
-%
 
 
-%