v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 598,912 $ 713,971
Accounts receivable 1,936 2,084
Prepaid expenses and other current assets 50,915 51,705
Total current assets 651,763 767,760
Property and equipment, net 737 844
Other assets 8,940 7,618
Total assets 661,440 776,222
Current liabilities:    
Accounts payable 7,843 17,656
Accrued expenses and other current liabilities 45,057 51,119
Total current liabilities 52,900 68,775
Total liabilities 52,900 68,775
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock, par value $0.0001 per share, 500,000,000 shares authorized, 171,069,176 shares issued and outstanding at June 30, 2025 and 500,000,000 shares authorized, 170,111,593 shares issued and outstanding at March 31, 2025 16 16
Additional paid-in capital 1,966,923 1,945,495
Accumulated other comprehensive income 1,737 1,459
Accumulated deficit (1,360,136) (1,239,523)
Total stockholders’ equity 608,540 707,447
Total liabilities and stockholders’ equity 661,440 776,222
Series A  preferred stock    
Stockholders’ equity:    
Preferred stock 0 0
Preferred Stock    
Stockholders’ equity:    
Preferred stock $ 0 $ 0