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Stock-based compensation (Tables)
6 Months Ended
Sep. 30, 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, 2020

 

4,964,381

 

$

9.78

 

8.02

 

$

15,344

Granted

 

2,081,504

 

 

12.52

 

9.57

 

 

  

Exercised

 

(165,268)

 

 

11.19

 

 

 

 

  

Cancelled

 

(215,271)

 

 

12.38

 

 

 

 

 

Outstanding as of September 30, 2020

 

6,665,346

 

 

10.52

 

8.14

 

$

83,329

Options exercisable as of March 31, 2020

 

2,117,721

 

$

5.66

 

7.20

 

$

11,733

Options exercisable as of September 30, 2020

 

3,894,669

 

$

12.82

 

7.02

 

$

43,583

 

Schedule of stock-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2020

    

2019

    

2020

    

2019

 

Research and development

 

$

1,298

 

$

815

 

$

2,297

 

$

1,656

 

General and administrative

 

 

1,503

 

 

966

 

 

2,972

 

 

1,935

 

 

 

$

2,801

 

$

1,781

 

$

5,269

 

$

3,591

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

    

Three Months Ended

 

 

Six Months Ended

 

 

 

September 30, 

 

 

September 30, 

 

 

 

2020

    

2019

    

    

2020

    

2019

  

Risk-free interest rate

 

0.33

%  

1.68

%  

 

1.08

%  

2.30

%

Expected term (in years)

 

6.1

  

6.1

  

 

6.4

  

6.0

 

Expected volatility

 

75.3

%  

70.2

%  

 

74.6

%  

71.4

%

Expected dividend yield

 

 0

%  

 0

%  

 

 0

%  

 0

%