Share-Based Compensation (Tables)

3 Months Ended

Jun. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

A summary of option activity under the Company’s 2016 Plan for the three months ended June 30, 2018 is as follows:



	Number of Options
Options outstanding at March 31, 2018	3,549,405
Granted	1,258,340
Exercised	(16,218	)
Forfeited	(11,800	)
Options outstanding at June 30, 2018	4,779,727
Options vested and expected to vest at June 30, 2018	4,779,727
Options exercisable at June 30, 2018	798,921

Summary of Restricted Share Awards and Restricted Stock Units Activity

A summary of restricted share award and restricted stock unit activity under the Company’s 2016 Plan for the three months ended June 30, 2018 is as follows:



	Number of Shares
Unvested balance at March 31, 2018	1,213,735
Vested	(70,514	)
Unvested balance at June 30, 2018	1,143,221

Schedule of Share-based Compensation

Share-based compensation expense was as follows (in thousands):



	Three Months Ended June 30,
	2018		2017
Share-based compensation expense recognized as:
R&D expenses	$	1,561	$	860
G&A expenses	2,683		1,341
Total	$	4,244	$	2,201