Share-Based Compensation (Tables)

9 Months Ended

Dec. 31, 2018

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

Summary of Stock Option Activity

A summary of option activity under the Company’s 2016 Plan is as follows:

	Number of Options
Options outstanding at March 31, 2018	3,549,405
Granted	2,097,210
Exercised	(102,463	)
Forfeited	(192,244	)
Options outstanding at December 31, 2018	5,351,908
Options vested and expected to vest at December 31, 2018	5,351,908
Options exercisable at December 31, 2018	1,392,679

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 is as follows:

	Number of Shares
Unvested balance at March 31, 2018	1,213,735
Granted	29,700
Vested	(215,917	)
Unvested balance at December 31, 2018	1,027,518

Schedule of Share-based Compensation

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

	Three Months Ended December 31,
	2018		2017
Share-based compensation expense recognized as:
R&D expenses	$	1,840	$	1,041
G&A expenses	2,954		2,252
Total	$	4,794	$	3,293

	Nine Months Ended December 31,
	2018		2017
Share-based compensation expense recognized as:
R&D expenses	$	5,247	$	2,580
G&A expenses	8,516		5,663
Total	$	13,763	$	8,243