Quarterly report pursuant to Section 13 or 15(d)

Share-based compensation (Tables)

v3.5.0.2
Share-based compensation (Tables)
 6 Months Ended
Jun. 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
June 30,

 

Six months ended
June 30,

 

 

 

2016

 

2015

 

2016

 

2015

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

$
1,376 

 

$
2,533 

 

$
2,268 

 

$
3,500 

 

General and administrative

 
1,063 

 
2,277 

 
2,273 

 
2,792 

 

 

 

 

 

 

 

 

 

 

 

 

 

$
2,439 

 

$
4,810 

 

$
4,541 

 

$
6,292 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

Six months ended
June 30,

 

 

 

2016

 

2015

 

 

 

 

 

 

 

Expected term (years)

 

5 years

 

5 years

 

Expected volatility

 

68-73%

 
60% 

 

Risk free rate

 

0.86-1.07%

 

1.03-1.39%

 

Expected dividend yield

 
0% 

 
0%