Net loss per share (Tables)

12 Months Ended

Mar. 31, 2026

Schedule of calculation of basic and diluted net loss per share attributable to common stockholders

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders (in thousands, except per share amounts):


	Year ended March 31,
	2026		2025
Numerator:
Net loss	$	(313,940)	$	(247,297)
Denominator:
Weighted average common shares outstanding, basic and diluted	92,803,711		80,564,147
Net loss per share, basic and diluted	$	(3.38)	$	(3.07)

Schedule of anti-dilutive securities excluded from the computation of diluted net loss per share attributable to common shareholders

The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:


	Year ended March 31,
	2026	2025
Options to purchase common stock	11,785,458	10,214,878
Unvested restricted and performance stock units	5,508,882	3,611,774
Warrants to purchase common stock	—	497,344
	17,294,340	14,323,996