Quarterly report pursuant to Section 13 or 15(d)

Equity Incentive Plans (Tables)

v3.7.0.1
Equity Incentive Plans (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Option Activity

A summary of activities under the 2005 Plan and 2017 Plan during the six months ended June 30, 2017 is as follows:

 

 

 

Options

Available

for Grant

 

 

Number

of Shares

Outstanding

 

 

Weighted

Average

Exercise

Price

 

Outstanding at December 31, 2016

 

 

390,164

 

 

 

1,130,141

 

 

$

0.86

 

Authorized

 

 

900,000

 

 

 

 

 

Granted

 

 

(202,083

)

 

 

202,083

 

 

$

3.06

 

Exercised

 

 

-

 

 

 

(11,536

)

 

$

0.80

 

Canceled

 

 

17,352

 

 

 

(17,352

)

 

$

1.11

 

Outstanding at June 30, 2017

 

 

1,105,433

 

 

 

1,303,336

 

 

$

1.20

 

 

Schedule of Stock-Based Compensation Expense Recorded in Condensed Consolidated Statements of Operations

Total stock-based compensation expense associated with the 2005 Plan, 2017 Plan and 2017 ESPP is recorded in the condensed consolidated statements of operations and was allocated as follows (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2016

 

 

2017

 

 

2016

 

 

2017

 

Cost of revenue

 

$

3

 

 

$

9

 

 

$

6

 

 

$

10

 

Sales and marketing

 

 

1

 

 

 

15

 

 

 

3

 

 

 

20

 

Research and development

 

 

5

 

 

 

9

 

 

 

9

 

 

 

16

 

General and administrative

 

 

8

 

 

 

19

 

 

 

16

 

 

 

29

 

Total

 

$

17

 

 

 

52

 

 

$

34

 

 

 

75