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Stock-Based Compensation and Plans (Tables)
12 Months Ended
Dec. 31, 2017
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Option activity under the 2007 Plan for the year ended December 31, 2017, 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, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2016
 
 
707
 
$
13.30
 
 
5.2
 
$
2,241
 
Granted
 
 
68
 
 
7.50
 
 
9.3
 
 
 
 
Forfeited
 
 
(87)
 
 
16.50
 
 
 
 
 
 
 
Expired
 
 
(46)
 
 
21.30
 
 
 
 
 
 
 
Outstanding at December 31, 2017
 
 
642
 
$
11.60
 
 
4.0
 
$
-
 
Vested and expected to vest December 31, 2017
 
 
627
 
$
11.50
 
 
3.8
 
$
-
 
Exercisable at December 31, 2017
 
 
562
 
$
10.70
 
 
3.3
 
$
-
 
 
Option activity under the 2007 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
 
 
575
 
$
10.50
 
 
5.3
 
$
1,972
 
Granted
 
 
132
 
 
25.40
 
 
9.3
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
Outstanding at December 31, 2016
 
 
707
 
$
13.30
 
 
5.2
 
$
2,241
 
Vested and expected to vest December 31, 2016
 
 
673
 
$
12.70
 
 
5.0
 
$
2,239
 
Exercisable at December 31, 2016
 
 
544
 
$
10.10
 
 
4.1
 
$
2,236
 
Warrant [Member]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
For stock options granted during 2017 and 2016 the following weighted average assumptions were used in determining fair value:
 
 
 
2017
 
2016
 
Risk-free interest rate
 
 
2.06
%
 
1.37
%
Expected volatility
 
 
99
%
 
109
%
Expected term in years
 
 
6.1
 
 
6.1
 
Dividend yield
 
 
-
%
 
-
%