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Share Options (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Option Plans

A summary of the status of the Company’s option plans as of September 30, 2015 (unaudited) and changes during the period then ended is presented below:

 

 

 

Period ended

September 30, 2015 (unaudited)

 

 

 

Number

of options

 

 

Weighted

average

exercise

price

 

 

Aggregate

intrinsic value

 

Outstanding at beginning of period

 

 

7,426,159

 

 

$

3.98

 

 

 

 

 

Granted

 

 

2,718,127

 

 

 

17.02

 

 

 

 

 

Exercised

 

 

(2,512

)

 

 

7.36

 

 

 

 

 

Forfeited and cancelled

 

 

(191,276

)

 

 

8.39

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at end of period

 

 

9,950,498

 

 

$

7.46

 

 

$

144,651

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable options

 

 

5,163,286

 

 

$

2.86

 

 

$

98,819

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and expected to vest

 

 

8,968,053

 

 

$

5.96

 

 

$

143,856

 

 

Stock Option Outstanding Separated into Ranges of Exercise Prices

The options outstanding as of September 30, 2015 (unaudited) have been separated into ranges of exercise prices, as follows:

 

Exercise price

 

Number

of options

outstanding

as of

September 30,

2015

 

 

Weighted

average

remaining

contractual

term

 

 

Number

of options

exercisable

as of

September 30,

2015

 

 

Weighted

average

remaining

contractual

term

 

 

 

 

 

 

 

(years)

 

 

 

 

 

 

(years)

 

0.01

 

 

98,995

 

 

 

0.46

 

 

 

98,995

 

 

 

0.46

 

0.17

 

 

1,403,857

 

 

 

0.96

 

 

 

1,403,857

 

 

 

0.96

 

0.23

 

 

440,531

 

 

 

3.68

 

 

 

440,531

 

 

 

3.68

 

0.38

 

 

488,331

 

 

 

5.04

 

 

 

488,331

 

 

 

5.04

 

3.44

 

 

1,779,072

 

 

 

6.13

 

 

 

1,350,491

 

 

 

6.12

 

6.72

 

 

940,424

 

 

 

6.93

 

 

 

687,525

 

 

 

6.93

 

6.83

 

 

92,227

 

 

 

7.20

 

 

 

46,390

 

 

 

7.20

 

7.03

 

 

613,174

 

 

 

7.39

 

 

 

306,570

 

 

 

7.39

 

7.04

 

 

137,321

 

 

 

7.72

 

 

 

69,311

 

 

 

7.72

 

7.28

 

 

167,921

 

 

 

7.90

 

 

 

79,366

 

 

 

7.90

 

7.48

 

 

504,365

 

 

 

8.39

 

 

 

127,555

 

 

 

8.39

 

7.52

 

 

116,769

 

 

 

8.49

 

 

 

29,186

 

 

 

8.49

 

7.58

 

 

52,032

 

 

 

8.74

 

 

 

13,006

 

 

 

8.74

 

7.73

 

 

431,053

 

 

 

9.02

 

 

 

22,172

 

 

 

8.87

 

14.37

 

 

1,616,012

 

 

 

9.41

 

 

 

-

 

 

 

-

 

15.60

 

 

146,926

 

 

 

9.57

 

 

 

-

 

 

 

-

 

22.00 (1)

 

 

921,488

 

 

 

10.00

 

 

 

-

 

 

 

-

 

 

 

 

9,950,498

 

 

 

6.62

 

 

 

5,163,286

 

 

 

4.63

 

 

Schedule of Non-cash Share-based Compensation Expense Related to Company's Equity-Based Awards

The total non – cash share-based compensation expense related to all of the Company’s equity-based awards, recognized for the three and nine months ended September 30, 2015 and 2014 (unaudited) was comprised as follows:

 

 

 

Three months ended

September 30,

 

 

Nine months ended

September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

Unaudited

 

 

Unaudited

 

Cost of revenues

 

$

35

 

 

$

14

 

 

$

54

 

 

$

31

 

Research, development and clinical trials

 

 

668

 

 

 

254

 

 

 

1,717

 

 

 

543

 

Sales and marketing

 

 

571

 

 

 

262

 

 

 

1,550

 

 

 

807

 

General and administrative

 

 

1,654

 

 

 

675

 

 

 

4,051

 

 

 

1,973

 

Total share-based compensation expense

 

$

2,928

 

 

$

1,205

 

 

$

7,372

 

 

$

3,354