Quarterly report pursuant to Section 13 or 15(d)

Share-based compensation (Tables)

v3.5.0.2
Share-based compensation (Tables)
9 Months Ended
Sep. 30, 2016
Share-based compensation  
Summary of share-based compensation expense included in the consolidated statements of operations

The following table shows the total share-based compensation expense included in the consolidated statements of operations (thousands):

 

 

 

Three months ended
September 30,

 

Nine months ended
September 30,

 

 

 

2016

 

2015

 

2016

 

2015

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

$

1,170 

 

$

389 

 

$

3,438 

 

$

3,887 

 

General and administrative

 

1,116 

 

1,012 

 

3,387 

 

3,807 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

2,286 

 

$

1,401 

 

$

6,825 

 

$

7,694 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of the assumptions used to estimate the fair values of the share options granted using the Black-Scholes option-pricing model

 

 

 

Nine months ended
September 30,

 

 

 

2016

 

2015

 

 

 

 

 

 

 

Expected term (years)

 

5 years

 

5 years

 

Expected volatility

 

68-73%

 

60% 

 

Risk free rate

 

0.17-1.07%

 

1.03-1.39%

 

Expected dividend yield

 

0% 

 

0%