STOCK-BASED COMPENSATION

3 Months Ended

Jun. 30, 2014

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 months ended June 30, 2014 and 2013, was as follows (in thousands):

	Three Months Ended June 30,
	2014		2013

Cost of revenue	$	—	$	4
Operating expense:
Selling and marketing	68		121
Research and development	34		56
General and administrative	71		131
Total stock-based compensation expense	173		312
Income tax benefit	—		—
Net stock-based compensation expense	$	173	$	312

Excluded from the table above was stock-based compensation expense related to discontinued operations of approximately $87,000 for the three months period ended June 30, 2013.

As of June 30, 2014, there was approximately $1.2 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 2.7 years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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