XML 45 R28.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Share Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock option activity under the Plans

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted

    

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

Number of

 

Exercise

 

Contractual

 

Intrinsic

 

 

Shares

 

Price

 

Term

 

Value

 

 

 

 

 

 

 

(in years)

 

 

 

Outstanding as of December 31, 2018

 

5,960,939

 

$

10.25

 

8.56

 

$

108,352

Granted

 

3,608,588

 

$

13.44

 

  

 

 

  

Exercised

 

(150,253)

 

$

3.93

 

  

 

 

  

Forfeited

 

(927,540)

 

$

15.26

 

  

 

 

  

Outstanding as of December 31, 2019

 

8,491,734

 

$

11.17

 

7.88

 

$

27,217

Options exercisable as of December 31, 2019

 

3,373,659

 

$

7.29

 

6.24

 

$

19,903

Options unvested as of December 31, 2019

 

5,118,075

 

$

13.74

 

8.96

 

$

7,314

 

Schedule of share-based compensation expense was classified in the consolidated statements of operations and comprehensive loss

 

 

 

 

 

 

 

 

 

Years Ended

 

 

December 31, 

 

    

2019

    

2018

Research and development expenses

 

$

5,746

 

$

2,285

General and administrative expenses

 

 

9,334

 

 

3,416

 

 

$

15,080

 

$

5,701

 

Employees and Directors  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock option valuation assumptions presented on weighted average basis

 

 

 

 

 

 

 

 

Years Ended

 

 

 

December 31, 

 

 

    

2019

    

2018

 

Risk-free interest rate

 

2.07

%  

2.82

%

Expected term (in years)

 

6.22

 

6.40

 

Expected volatility

 

79.14

%  

75.04

%

Expected dividend yield

 

0

%  

0

%

 

Non-employees  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock option valuation assumptions presented on weighted average basis

 

 

 

 

 

 

 

 

Years Ended

 

 

 

December 31, 

 

 

    

2019

    

2018

 

Risk-free interest rate

 

1.38

%  

2.91

%

Expected term (in years)

 

2.77

 

7.35

 

Expected volatility

 

68.17

%  

74.18

%

Expected dividend yield

 

0

%  

0

%

 

Restricted shares  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of restricted share activity

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A

 

Class B

 

    

 

    

Weighted

    

 

    

Weighted

 

 

 

 

Average

 

 

 

Average

 

 

Number of

 

Grant Date

 

Number of

 

Grant Date

 

 

Shares

 

Fair Value

 

Shares

 

Fair Value

Unvested restricted shares outstanding as of December 31, 2018

 

133,812

 

$

0.000273235

 

743,407

 

$

0.000273235

Granted

 

 —

 

 

 —

 

 —

 

 

 —

Vested

 

(133,812)

 

$

0.000273235

 

(743,407)

 

$

0.000273235

Unvested restricted shares outstanding as of December 31, 2019

 

 —

 

 

 —

 

 —

 

 

 —

 

Restricted Share Units (RSUs)  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of restricted share activity

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

Average

 

 

Number of

 

Grant Date

 

 

Shares

 

Fair Value

 

 

 

 

 

 

Unvested RSUs as of December 31, 2018

 

 —

 

$

 —

Granted

 

328,296

 

$

12.93

Vested

 

 —

 

$

 —

Forfeited

 

 —

 

$

 —

Unvested RSUs as of December 31, 2019

 

328,296

 

$

12.93