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Equity-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Equity-Based Compensation

The Company has included equity-based compensation expense as part of cost of revenue and operating expenses in the accompanying condensed consolidated statements of operations as follows:

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

(in thousands)

 

Cost of revenue

$

133

 

 

$

586

 

 

$

341

 

 

$

586

 

Research and development

 

194

 

 

 

959

 

 

 

602

 

 

 

959

 

Selling and marketing

 

93

 

 

 

396

 

 

 

213

 

 

 

396

 

General and administrative

 

129

 

 

 

552

 

 

 

382

 

 

 

2,178

 

Total

$

549

 

 

$

2,493

 

 

$

1,538

 

 

$

4,119

 

 

Summary of Activity for Options to Acquire Common Shares

The following table summarizes activity for options to acquire shares of the Company’s common stock in the nine months ended September 30, 2017:

 

Number

of Shares

Subject to

Options

(in thousands)

 

 

Weighted-

Average

Exercise Price

 

 

Weighted-

Average

Remaining

Contractual Life

(in years)

 

 

Aggregate

Intrinsic

Value

(in thousands)

 

Balance at December 31, 2016

 

556

 

 

$

0.85

 

 

 

9.0

 

 

$

5,976

 

     Authorized

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Granted

 

 

 

$

 

 

 

 

 

 

 

 

 

     Exercised

 

(71

)

 

$

0.38

 

 

 

 

 

 

 

 

 

     Canceled

 

(9

)

 

$

5.71

 

 

 

 

 

 

 

 

 

Balance at September 30, 2017

 

476

 

 

 

0.83

 

 

 

8.3

 

 

$

2,019

 

Exercisable as of September 30, 2017

 

178

 

 

$

0.74

 

 

 

8.2

 

 

$

761

 

 

Summary of Activity for RSUs Relating to Shares of Company's Common Stock

The following table summarizes activity for RSUs relating to shares of the Company’s common stock in the nine months ended September 30, 2017:

 

 

Number of

Shares

(in thousands)

 

 

Weighted-Average

Grant-Date

Fair Value

 

Balance at December 31, 2016

 

 

362

 

 

$

9.69

 

   Granted

 

 

459

 

 

$

8.32

 

   Vested and settled

 

 

(24

)

 

$

11.00

 

   Forfeited

 

 

(33

)

 

$

9.37

 

Balance at September 30, 2017

 

 

764

 

 

$

8.75