STOCK-BASED COMPENSATION

6 Months Ended

Sep. 30, 2013

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

3. STOCK-BASED COMPENSATION

The Company has a stock option plan that provides for the granting of stock options, restricted stock and restricted stock units to directors, employees and consultants. The Company also has an employee stock purchase plan allowing employees to purchase the Company’s common stock at a discount.

Total stock-based compensation expense included in the unaudited condensed consolidated statements of comprehensive loss for the three and six months ended September 30, 2013 and 2012, was as follows (in thousands):

	Three Months ended  September 30,				Six Months ended  September 30,
	2013		2012		2013		2012
Cost of revenue	$	37	$	21	$	82	$	45
Operating expense:
Selling and marketing	93		60		219		92
Research and development	122		61		217		114
General and administrative	112		134		245		249
Total stock-based compensation expense	364		276		763		500
Income tax benefit	—		—		—		—
Net stock-based compensation expense	$	364	$	276	$	763	$	500

As of September 30, 2013, there was approximately $1.6 million of total unrecognized compensation cost related to non-vested share-based compensation arrangements granted under the plans. That cost is expected to be recognized over a weighted-average period of 1.80 years.