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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 146,590 $ 105,948
Short-term investments 436,796 289,707
Research and development incentives receivable 2,939 3,055
Prepaid expenses and other current assets 6,278 5,267
Total current assets 592,603 403,977
Property, plant and equipment, net 7,479 7,933
Restricted cash 1,636 1,636
Right-to-use asset – operating leases 5,208 5,552
Right-to-use asset – financing leases 39,665 42,094
Total assets 646,591 461,192
Current liabilities:    
Accounts payable 5,364 3,732
Accrued expenses and other current liabilities 24,704 13,392
Operating lease liabilities, current 1,118 1,070
Financing lease liabilities, current 2,639 2,562
Total current liabilities 33,825 20,756
Operating lease liabilities, non-current 4,389 4,801
Financing lease liabilities, non-current 23,965 24,406
Long term debt, net of discount 28,648 0
Other liabilities, non-current 472 0
Total liabilities 91,299 49,963
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.001 par value; 150,000,000 shares authorized as of March 31, 2023 and March 31, 2022; 56,676,313 and 47,338,660 shares issued and outstanding as of March 31, 2023 and March 31, 2022, respectively 57 47
Additional paid-in capital 1,034,994 723,359
Accumulated deficit (485,488) (311,204)
Accumulated other comprehensive income (loss) 5,729 (973)
Total stockholders’ equity 555,292 411,229
Total liabilities and stockholders’ equity $ 646,591 $ 461,192