Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation

v2.4.0.8
Share-Based Compensation
9 Months Ended
Sep. 30, 2014
Share-Based Compensation [Abstract]  
Share-Based Compensation

9 - Share-Based Compensation              

At September 30, 2014, we have two active share-based compensation plans, the 2011 Stock Awards Plan and the 2011 Employee Stock Purchase Plan. The terms of awards granted during the nine months ended September 30, 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 September 30,

Nine Months Ended September 30,

 

2014

2013

2014

2013

 

 

 

 

 

Cost of revenue

$32

$14

$110

$109

Marketing and selling

261

202

531

675

Research and development

220

175

758

416

General and administrative

1,014

1,037

3,306

3,408

Total

$1,527

$1,428

$4,704

$4,608

 

 

 

 

 

 

As of September 30, 2014, unrecognized compensation expense related to the unvested portion of our stock options and other stock awards was approximately $8.7 million, which is expected to be recognized over a weighted average period of 2.4 years.