Share-Based Compensation (Tables)

9 Months Ended

Dec. 31, 2019

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Share Option Activity

The following table summarizes share option activity:

	Number of Share Options Outstanding			Weighted Average Exercise Price		Weighted Average Remaining ContractualLife (Months)
Outstanding — March 31, 2019		1,936,397		$	7.77		78
Granted		85,623			8.69		120
Exercised		(85,920	)		4.70		—
Forfeited		(76,121	)		12.84		—
Outstanding —December 31, 2019		1,859,979		$	7.75		70
Exercisable  — December 31, 2019		1,513,110		$	7.91		63

Summary of Share Option Granted, Exercise Price, Fair Value, Intrinsic Value

The following table summarizes the options granted in the current financial year with their exercise prices, the fair value of ordinary shares as of the applicable grant date, and the intrinsic value:

Grant Date	Number of Options Granted		Exercise Price		Ordinary Shares Fair Value Per Share at Grant Date		Per Share Intrinsic Value of Options
July 16, 2019		28,517	$	10.52	$	10.52	$	6.48
October 31, 2019		57,106	$	7.78	$	7.78	$	4.90

Summary of Assumptions to Share Options Issued

A summary of the assumptions applicable to the share options issued in the current financial year is as follows:

	July 16, 2019			October 31, 2019
Risk-free interest rate		2.10	%		1.77	%
Expected lives (years)		6			6
Volatility		67.39	%		70.14	%
Dividend yield		—			—
Grant date fair value (per share)	$	10.52		$	7.78
Number granted		28,517			57,106

Summary of RSUs

A summary of the RSUs in issue at December 31, 2019 is as follows:

	Number of RSUs Outstanding		Weighted Average Remaining Vesting Period (Months)	Period in which the target must be achieved
RSUs subject to time based vesting		726,839	11	N/A
RSUs subject to milestone based vesting		55,000	N/A	N/A