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Stock-based compensation (Tables)
12 Months Ended
Mar. 31, 2020
Stock-based Compensation  
Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

Weighted

    

Weighted Average

    

 

 

 

Number of

 

Average

 

Contractual Term

 

Aggregate

 

 

Shares

 

Exercise Price

 

(Years)

 

Intrinsic Value

Outstanding as of March 31, 2019

 

3,721,784

 

$

7.14

 

8.61

 

$

30,150

Granted

 

1,637,035

 

 

15.07

 

9.21

 

 

  

Exercised

 

(207,673)

 

 

2.65

 

 

 

 

  

Cancelled

 

(186,765)

 

 

11.48

 

 

 

 

 

Outstanding as of March 31, 2020

 

4,964,381

 

$

9.78

 

8.02

 

$

15,344

Options exercisable as of March 31, 2019

 

1,278,330

 

$

2.51

 

7.75

 

$

16,249

Options exercisable as of March 31, 2020

 

2,117,721

 

$

5.66

 

7.20

 

 

11,733

 

Schedule of stock-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended 

 

 

March 31, 

 

    

2020

    

2019

    

2018

Research and development

 

$

3,689

 

$

1,488

 

$

335

General and administrative

 

 

4,052

 

 

1,242

 

 

477

 

 

$

7,741

 

$

2,730

 

$

812

 

Employees stock options  
Stock-based Compensation  
Schedule of assumptions used to determine the grant-date fair value of stock options granted

 

 

 

 

 

 

 

 

 

    

Year Ended 

 

 

 

March 31, 

 

 

 

2020

    

2019

    

2018

 

Risk-free interest rate

 

2.12

%  

2.81

%  

2.01

%

Expected term (in years)

 

6.0

  

6.1

  

6.0

 

Expected volatility

 

71.4

%  

62.0

%  

75.0

%

Expected dividend yield

 

 0

%  

 0

%  

 0

%

 

Non Employee Stock Option Member  
Stock-based Compensation  
Schedule of assumptions used to determine the grant-date fair value of stock options granted

 

 

 

 

 

 

Year Ended 

 

 

    

March 31, 2018

 

Risk-free interest rate

 

2.29

%

Expected term (in years)

 

10.0

 

Expected volatility

 

75.0

%

Expected dividend yield

 

 0

%