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Share-Based Compensation (Tables)
12 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Weighted Average Fair Value Assumptions
The Company estimated the fair value of each option on the date of grant using the Black-Scholes closed-form option-pricing model applying the weighted average assumptions in the following table.
 
 
Year Ended March 31, 2017
 
Period from February 2, 2016 (Date of Inception) to March 31, 2016
Expected common share price volatility
 
75.5
%
 
%
Expected risk free interest rate
 
1.57
%
 
%
Expected term, in years
 
6.35

 

Expected dividend yield
 
%
 
%

Summary of Stock Option Activity
The following table presents a summary of option activity and data under the Company's stock incentive plans through March 31, 2017:

 
Number of Options
 
Weighted Average Exercise Price
 
Weighted Average Grant Date Fair Value
 
Weighted Average Remaining Contractual Life
 
Aggregate Intrinsic Value
Options outstanding at March 31, 2016

 
$

 
$

 

 
$

Granted
1,525,857

 
5.06

 
11.90

 

 

Options outstanding at March 31, 2017
1,525,857

 
5.06

 
11.90

 
9.52

 
10,255,341

Options vested and expected to vest at March 31, 2017
1,471,815

 
5.06

 
11.90

 
9.52

 
9,890,661

Options exercisable at March 31, 2017
200

 
11.19

 
9.56

 
9.88

 
110