Veritone, Inc. Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Deficit) (Tables)

6 Months Ended

Jun. 30, 2017

The stock-based compensation expense recognized for the periods presented below was as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Stock-based compensation expense by type of award:
Restricted stock	$	375	$	28	$	451	$	48
Common stock awards		125		—		125		—
Stock options		1,278		1,453		1,327		1,474

Total	$	1,778	$	1,481	$	1,903	$	1,522

Stock-based compensation expense by operating expense grouping:
Sales and marketing	$	116	$	24	$	155	$	48
Research and development		92		6		104		12
General and administrative		1,570		1,451		1,644		1,462

Total	$	1,778	$	1,481	$	1,903	$	1,522

Restricted stock activity for the period presented was as follows:


	Shares			Weighted Average Grant Date Fair Value
Unvested at December 31, 2016		208,886		$	4.80
Granted		52,433		$	14.79
Forfeited		(18,100	)	$	10.03
Vested		(62,313	)	$	8.16

Unvested at June 30, 2017		180,906		$	6.01

The Black-Scholes option-pricing model requires various assumptions, which are noted in the following table:

The Company’s stock option activity for the period presented was as follows:


				Weighted-Average
	Options			Exercise Price		Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at December 31, 2016		680,434		$	2.27		8.49 years	$	3,031
Options Granted		3,801,158		$	15.00
Options Exercised		(1,580	)	$	1.93
Options Forfeited / Cancelled		(48,905	)	$	2.88

Outstanding at June 30, 2017		4,431,107		$	13.17		8.33 years	$	5,972

Exercisable at June 30, 2017		350,716