STOCK-BASED COMPENSATION

9 Months Ended

Dec. 31, 2013

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

4. 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 nine months ended December 31, 2013 and 2012, was as follows (in thousands):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2013		2012		2013		2012
Cost of service revenue	$	5	$	—	$	46	$	—
Operating expense:
Selling and marketing	143		26		353		104
Research and development	80		41		248		109
General and administrative	87		121		328		366
Total stock-based compensation expense	315		188		975		579
Income tax benefit	—		—		—		—
Net stock-based compensation expense	$	315	$	188	$	975	$	579

Excluded from the table above was stock-based compensation expense related to discontinued operations of approximately $52,000 and $154,000 for the three and nine months periods ended December 31, 2013, respectively, and approximately $56,000 and $165,000 for the three and nine month periods ended December 31, 2012, respectively.

As of December 31, 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 2.25 years.