v3.26.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income
Balance (in shares) at Mar. 31, 2025   77,085,024      
Balance at Mar. 31, 2025 $ 415,843 $ 77 $ 1,358,897 $ (948,579) $ 5,448
Increase (decrease) in Stockholders' Equity          
Foreign currency translation adjustment (938)       (938)
Unrealized loss on short-term investments (269)       (269)
Exercise of stock options (in shares)   966      
Exercise of stock options 8   8    
Vesting of RSUs (in shares)   721,184      
Vesting of RSUs 2 $ 1 1    
Stock-based compensation expense 8,762   8,762    
Net loss (86,693)     (86,693)  
Balance (in shares) at Jun. 30, 2025   77,807,174      
Balance at Jun. 30, 2025 336,715 $ 78 1,367,668 (1,035,272) 4,241
Balance (in shares) at Mar. 31, 2025   77,085,024      
Balance at Mar. 31, 2025 415,843 $ 77 1,358,897 (948,579) 5,448
Increase (decrease) in Stockholders' Equity          
Foreign currency translation adjustment (187)        
Unrealized loss on short-term investments (138)        
Net loss (169,793)        
Balance (in shares) at Sep. 30, 2025   78,403,255      
Balance at Sep. 30, 2025 263,336 $ 78 1,376,507 (1,118,372) 5,123
Balance (in shares) at Mar. 31, 2025   77,085,024      
Balance at Mar. 31, 2025 415,843 $ 77 1,358,897 (948,579) 5,448
Balance (in shares) at Mar. 31, 2026   82,716,923      
Balance at Mar. 31, 2026 166,160 $ 82 1,423,194 (1,262,519) 5,403
Balance (in shares) at Jun. 30, 2025   77,807,174      
Balance at Jun. 30, 2025 336,715 $ 78 1,367,668 (1,035,272) 4,241
Increase (decrease) in Stockholders' Equity          
Foreign currency translation adjustment 751       751
Unrealized loss on short-term investments 131       131
Exercise of pre-funded warrants (in shares)   497,344      
Exercise of pre-funded warrants 501   501    
Vesting of RSUs (in shares)   98,737      
Stock-based compensation expense 8,338   8,338    
Net loss (83,100)     (83,100)  
Balance (in shares) at Sep. 30, 2025   78,403,255      
Balance at Sep. 30, 2025 263,336 $ 78 1,376,507 (1,118,372) 5,123
Balance (in shares) at Mar. 31, 2026   82,716,923      
Balance at Mar. 31, 2026 166,160 $ 82 1,423,194 (1,262,519) 5,403
Increase (decrease) in Stockholders' Equity          
Foreign currency translation adjustment 582       582
Unrealized loss on short-term investments (9)       (9)
Exercise of stock options (in shares)   118,075      
Exercise of stock options 1,004 $ 1 1,003    
Vesting of RSUs (in shares)   1,144,368      
Vesting of RSUs 0 $ 1 (1)    
Stock-based compensation expense 7,674   7,674    
Net loss (69,766)     (69,766)  
Balance (in shares) at Jun. 30, 2026   83,979,366      
Balance at Jun. 30, 2026 105,645 $ 84 1,431,870 (1,332,285) 5,976
Balance (in shares) at Mar. 31, 2026   82,716,923      
Balance at Mar. 31, 2026 166,160 $ 82 1,423,194 (1,262,519) 5,403
Increase (decrease) in Stockholders' Equity          
Foreign currency translation adjustment 527        
Unrealized loss on short-term investments $ (8)        
Exercise of stock options (in shares) 770,895        
Net loss $ (126,887)        
Balance (in shares) at Sep. 30, 2026   94,805,154      
Balance at Sep. 30, 2026 204,778 $ 95 1,588,167 (1,389,406) 5,922
Balance (in shares) at Jun. 30, 2026   83,979,366      
Balance at Jun. 30, 2026 105,645 $ 84 1,431,870 (1,332,285) 5,976
Increase (decrease) in Stockholders' Equity          
Issuance of prefunded warrants to purchase common stock 31,020   31,020    
Issuance of common stock, net of issuance costs (in shares)   9,701,490      
Issuance of common stock, net of issuance costs 109,980 $ 10 109,970    
Foreign currency translation adjustment (55)       (55)
Unrealized loss on short-term investments 1       1
Exercise of stock options (in shares)   652,820      
Exercise of stock options 4,763 $ 1 4,762    
Vesting of RSUs (in shares)   471,478      
Stock-based compensation expense 10,545   10,545    
Net loss (57,121)     (57,121)  
Balance (in shares) at Sep. 30, 2026   94,805,154      
Balance at Sep. 30, 2026 $ 204,778 $ 95 $ 1,588,167 $ (1,389,406) $ 5,922