STOCK-BASED COMPENSATION

9 Months Ended

Dec. 31, 2015

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

2. STOCK-BASED COMPENSATION

The Company has a stock option plan that provides for the granting of stock options and restricted stock 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, 2015 and 2014, was as follows (in thousands):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2015		2014		2015		2014
Cost of service revenue	$	6	$	7	$	19	$	16
Operating expense:
Selling and marketing	13		2		30		132
Research and development	31		24		88		90
General and administrative	68		137		185		293
Total stock-based compensation expense	118		170		322		531
Income tax benefit	—		—		—		—
Net stock-based compensation expense	$	118	$	170	$	322	$	531

As of December 31, 2015, there was approximately $0.9 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 2.66 years.