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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock-based compensation cost
Total estimated stock-based compensation expense for employees and non-employees, related to all of the Company's stock-based awards, was comprised as follows:


Three Months Ended

March 31,

2017

2016

 (in thousands)
Cost of revenue
$
(85
)
 
$
121

Selling and marketing
36

 
21

Research and development
57

 
144

General and administrative
378

 
841

Total stock-based compensation
$
386

 
$
1,127

Stock activity and total number of shares available for grant
The following table presents the stock activity and the total number of shares available for grant as of March 31, 2017:
 
(in thousands)
Balance at December 31, 2016
2,261

Options granted
(197
)
Restricted Stock granted

Forfeited/Expired shares added back
542

Balance at March 31, 2017
2,606

Stock option activity
 
Options Outstanding
 
Number of Shares Underlying Outstanding Options
 
Weighted-Average Exercise Price
 
Weighted-Average Remaining Contractual Term
 
Aggregate Intrinsic Value
 
 
 
 
 
 (In years)
 
 
Outstanding at December 31, 2016
6,381,447

 
1.90
 
7.37
 
20,033

Granted
196,600

 
1.14
 
 
 
 
Exercised

 
 
 
 
 
Forfeited
(497,352
)
 
1.94
 
 
 
 
Outstanding at March 31, 2017
6,080,695

 
1.87
 
7.01
 

Vested and expected to vest at March 31, 2017
6,070,694

 
1.88
 
7.01
 

Exercisable at March 31, 2017
3,435,334

 
1.89
 
6.98
 

Schedule of weighted-average assumptions
The following are assumptions for the three months ended March 31, 2017.
Expected term (in years)
6.1
Risk-free interest rate
2.0% - 2.1%
Expected volatility
41.0% - 41.1%
Dividend rate
0%
Restricted stock awards  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock option activity
 
Shares
 
Weighted Average Grant Date Fair Value Per Share
Nonvested restricted stock at December 31, 2016
135,705

 
1.84

Granted

 

Vested

 

Forfeited
(43,902
)
 
1.16

Nonvested restricted stock at March 31, 2017
91,803

 
2.17