Quarterly report pursuant to Section 13 or 15(d)

Common Stock, Share-based Awards and Warrants (Tables)

v3.8.0.1
Common Stock, Share-based Awards and Warrants (Tables)
 3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of Share-based Compensation Expense Allocation
Stock-based compensation expense related to all employee and, where applicable, non-employee stock-based awards for the three months ended March 31, 2017 and 2016 was as follows (in thousands):

 
Three Months Ended March 31,
 
2017
 
2016
Cost of services
$
87

 
$
75

Sales and marketing
175

 
168

Product development
171

 
248

General and administrative
1,418

 
1,578

Total
$
1,851

 
$
2,069

Schedule of Share-based Compensation, Warrants, by Exercise Price Range
The following is a summary of the Legacy Row 44 Warrants outstanding as of March 31, 2017 with the “Number of Warrants” in the table below indicating the shares of our common stock underlying the Legacy Row 44 Warrants:

 
Number of Warrants (in thousands) (1)
 
Weighted Average Exercise Price per Warrant
 
Weighted Average Remaining Life (in years)
Legacy Row 44 Warrants (2)
477

 
$
8.62

 
0.18

(1)
Not presented in the table above is 689,481 Legacy Row 44 Warrants for which the exercise period expired on March 19, 2017.

(2)
Originally issuable for Row 44’s Series C preferred stock and now issuable for Company common stock. The exercise period for these Legacy Row 44 Warrants expired on June 7, 2017.
Schedule of Share-based Compensation, Warrants, Activity
The following is a summary of Public SPAC Warrants (which are exercisable for our common stock) for the three months ended March 31, 2017, with the “Number of Warrants” in the table below indicating the shares of our common stock underlying the Public SPAC Warrants:

 
Number of Warrants (in thousands)
 
Weighted Average Exercise price
 
Weighted Average Remaining Contractual Term (in years)
Outstanding and exercisable at March 31, 2017
6,173


$
11.50

 
0.84