Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.19.1
Stockholders' Equity (Tables)
 12 Months Ended
Jan. 31, 2019
Equity [Abstract]  
Fair Value of Stock Options Granted

The following table presents, on a weighted average basis, the assumptions used in the Black-Scholes option pricing model to determine the fair value of stock options granted:

 

 

 

 

 

For the Fiscal Years Ended January 31,

 

 

 

 

 

2019

 

 

2018

 

Risk-free interest rate

 

 

 

 

2.6

%

 

 

2.4

%

Expected volatility

 

 

 

 

46.8

%

 

 

41.0

%

Expected dividend yield

 

 

 

 

0.0

%

 

 

0.0

%

Expected term (in years)

 

 

 

 

6.0

 

 

 

6.0

 
Stock Option Activity

Stock Option Activity

The following table summarizes our stock option activity:

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

Remaining

 

 

Aggregate

 

 

 

Number of

 

 

Exercise

 

 

Contractual

 

 

Intrinsic

 

 

 

Shares

 

 

Price

 

 

Term

 

 

Value

 

Outstanding as of January 31, 2018

 

 

3,240,105

 

 

$

3.94

 

 

 

8.00

 

 

$

683,405

 

Granted

 

 

1,420,000

 

 

 

1.83

 

 

 

 

 

 

 

 

 

Exercised

 

 

(20,937

)

 

 

2.56

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(514,966

)

 

 

3.49

 

 

 

 

 

 

 

 

 

Outstanding as of January 31, 2019

 

 

4,124,202

 

 

$

3.28

 

 

 

6.96

 

 

$

32,000

 

Vested and expected to vest as of

    January 31, 2019

 

 

3,324,203

 

 

$

2.63

 

 

 

6.96

 

 

$

32,000

 

Options exercisable as of January 31, 2019

 

 

974,793

 

 

$

3.33

 

 

 

4.89

 

 

$

—

 
Summary of Stock Unit Activity

The following table summarizes our stock unit activity:

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

Grant-Date

 

 

 

Number of Shares

 

 

Fair Value

 

Unvested balance as of January 31, 2018

 

 

1,924,890

 

 

$

4.89

 

Granted

 

 

616,250

 

 

 

1.99

 

Vested

 

 

(277,385

)

 

 

3.45

 

Forfeited

 

 

(567,759

)

 

 

5.35

 

Unvested balance as of January 31, 2019

 

 

1,695,996

 

 

$

3.00

 
Summary of Stock Based Compensation Expense Recognized

We recognized stock-based compensation expense within the accompanying consolidated statements of operations and comprehensive income (loss) as follows:

 

 

For the Fiscal Year Ended January 31,

 

 

 

2019

 

 

2018

 

 

 

(Amounts in thousands)

 

Cost of revenue

 

$

—

 

 

$

3

 

Research and development

 

 

186

 

 

 

102

 

Sales and marketing

 

 

373

 

 

 

360

 

General and administrative

 

 

2,380

 

 

 

2,231

 

 

 

$

2,939

 

 

$

2,696