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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2020
Share-Based Compensation  
Schedule of share option activity under the Plans

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Weighted

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Number of

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Average

​

​

Shares

​

Fair Value

Outstanding as of December 31, 2019

 

8,491,734

​

$

7.68

Granted

 

1,956,670

​

$

11.66

Exercised

 

(1,080,425)

​

$

3.01

Forfeited

 

(684,599)

​

$

11.30

Outstanding as of June 30, 2020

 

8,683,380

​

$

8.88

Options exercisable as of June 30, 2020

 

3,068,290

​

$

8.56

Options unvested as of June 30, 2020

 

5,615,090

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$

10.02

Schedule of stock option valuation assumptions presented on weighted-average basis

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Three Months Ended

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Six Months Ended

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June 30, 

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June 30, 

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2020

    

2019

    

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2020

    

2019

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Risk-free interest rate

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0.39

%  

2.16

%  

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0.71

%  

2.48

%  

Expected term (in years)

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5.99

​

5.97

 

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6.18

​

6.18

 

Expected volatility

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79.38

%  

78.88

%  

​

79.71

%  

78.35

%  

Expected dividend yield

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—

%  

—

%  

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—

%  

—

%  

Schedule of restricted share activity

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Weighted

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Average

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Number of

​

Grant Date

​

​

Shares

​

Fair Value

Unvested RSUs as of December 31, 2019

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328,296

​

$

12.93

Granted

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5,211

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$

17.79

Vested

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—

​

$

—

Forfeited

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(46,780)

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$

12.93

Unvested RSUs as of June 30, 2020

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286,727

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$

13.01

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

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Three Months Ended

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Six Months Ended

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June 30, 

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June 30, 

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2020

    

2019

    

2020

    

2019

Research and development expenses

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$

2,189

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$

1,504

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$

3,958

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$

2,691

General and administrative expenses

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2,662

​

 

1,960

​

 

5,102

​

 

3,666

​

​

$

4,851

​

$

3,464

​

$

9,060

​

$

6,357