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Stock-based awards (Tables)
9 Months Ended
Sep. 30, 2019
Stock-based awards  
Schedule of assumptions used to determine grant-date fair value of stock options granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30, 

 

September 30, 

 

    

2019

    

2018

    

2019

    

2018

Expected term (in years)

 

 

n/a

 

5.87

 

 

6.04

 

5.87

Volatility

 

 

n/a

 

70.86

%

 

69.80

%  

70.86

Risk-free interest rate

 

 

n/a

 

2.86

%

 

2.39

%  

2.86

Dividend yield

 

 

n/a

 

0.00

%

 

0.00

%  

0.00

Weighted average fair value of common stock

 

 

n/a

$

0.29

 

$

8.26

 

0.29

 

Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

Weighted-

    

Weighted-

    

 

 

 

 

 

 

Average

 

Average

 

Aggregate

 

 

 

 

Exercise

 

remaining

 

Intrinsic

 

 

Number

 

Price per

 

contractual

 

Value

 

 

of Options

 

Share

 

term (years)

 

(000's)

Balance Outstanding, December 31, 2018

 

1,839,913

 

$

0.61

 

9.74

 

$

10,577

Options granted

 

1,228,352

 

$

7.61

 

  

 

 

  

Options exercised

 

(651,031)

 

$

0.65

 

  

 

 

  

Balance Outstanding, September 30, 2019

 

2,417,234

 

$

4.16

 

9.23

 

$

44,931

Exercisable, September 30, 2019

 

72,910

 

$

3.43

 

9.11

 

$

1,409

Vested and expected to vest, September 30, 2019

 

2,417,234

 

$

4.16

 

9.23

 

$

44,931