Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Employee Benefit Plans (Tables)

v2.4.0.8
Stock-Based Compensation and Employee Benefit Plans (Tables)
 6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Fair Value of Stock Options
 
Six Months Ended
June 30,
 
2014
 
2013
Weighted-average grant date fair value per share
$
4.03

 
$
3.24

Risk-free interest rate
1.70
%
 
0.71
%
Dividend yield
—

 
—

Expected life (years)
4.56

 
4.75

Volatility
51.00
%
 
56.00
%
Fair Value of Employee Stock Purchase Rights
 
Six Months Ended
June 30,
 
2014
 
2013
Weighted-average grant date fair value per share
$
2.47

 
$
1.85

Risk-free interest rate
0.05
%
 
0.09
%
Dividend yield
—

 
—

Expected life (years)
0.50

 
0.50

Volatility
47.75
%
 
41.58
%
Stock-Based Compensation
The Company recognized stock-based compensation in the statements of operations as follows:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
Cost of net revenue
$
32

 
$
26

 
$
61

 
$
50

Research and development
2,384

 
2,158

 
4,578

 
3,912

Selling, general and administrative
1,269

 
1,155

 
2,439

 
2,166

 
$
3,685

 
$
3,339

 
$
7,078

 
$
6,128