Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation

v2.4.0.8
Share-Based Compensation
3 Months Ended
Mar. 31, 2014
Share-Based Compensation [Abstract]  
Share-Based Compensation

9 - Share-Based Compensation              

At March 31, 2014, we have two active plans that give rise to share-based compensation, the 2011 Stock Awards Plan and the 2011 Employee Stock Purchase Plan. The terms of awards granted during the three months ended March 31, 2014 and our methods for determining grant-date fair value of the awards were consistent with those described in the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2013.

Detail of share-based compensation expense is as follows (in thousands):

 

Three Months Ended March 31,

 

2014

2013

 

 

 

Cost of revenue

$28

$59

Marketing and sales

235

271

Research and development

146

117

General and administrative

1,199

913

Total

$1,609

$1,360

 

 

 

 

As of March 31, 2014, unrecognized compensation expense related to the unvested portion of our stock options and other stock awards was approximately $16.5 million, which is expected to be recognized over a weighted average period of 2.8 years.