XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Balance Sheet Components (Tables)
3 Months Ended
Jun. 30, 2024
Balance Sheet Related Disclosures [Abstract]  
Schedule of Prepaid Expense and Other Current Assets
Prepaid expense and other current assets consisted of the following:
June 30, 2024March 31, 2024
(in thousands)
Prepaid expenses$11,771 $9,296 
Insurance recovery receivable24,128 2,188 
Other receivables2,538 3,563 
Other current assets2,155 1,794 
Prepaid expenses and other current assets$40,592 $16,841 
Schedule of Property and Equipment, Net
Property and equipment, net consisted of the following:
June 30, 2024March 31, 2024
(in thousands)
Computer equipment and software$7,399 $7,485 
Laboratory equipment and software51,419 51,635 
Furniture and office equipment8,929 8,929 
Leasehold improvements41,394 41,180 
Capitalized asset retirement obligations853 853 
Property and equipment, gross109,994 110,082 
Less: accumulated depreciation and amortization(83,374)(81,731)
Property and equipment, net$26,620 $28,351 
Schedule of Lessee Operating Lease, Right-of-Use Asset
Operating lease right-of-use assets, net consisted of the following:
June 30, 2024March 31, 2024
(in thousands)
Operating lease right-of-use assets$85,166 $85,166 
Less: accumulated amortization(38,150)(36,272)
Operating lease right-of-use assets, net$47,016 $48,894 
Schedule of Internal Use Software
Internal-use software, net consisted of the following:
June 30, 2024March 31, 2024
(in thousands)
Capitalized internal-use software$37,270 $35,918 
Less: accumulated amortization(17,202)(15,402)
Internal-use software, net$20,068 $20,516 
Schedule of Intangible Assets, Net
Intangible assets, net consisted of the following:
June 30, 2024
Weighted Average Remaining Useful Life
(Years)
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
(in thousands, except years)
Customer relationships0.0$14,900 $(14,900)$— 
Partnerships7.39,000 (2,400)6,600 
Trademark2.311,000 (5,867)5,133 
Developed technology4.324,100 (9,181)14,919 
Non-compete agreements2.32,800 (1,493)1,307 
Patents4.35,500 (2,184)3,316 
Total intangible assets$67,300 $(36,025)$31,275 
 March 31, 2024
Weighted Average Remaining Useful Life
(Years)
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
(in thousands, except years)
Customer relationships0.0$14,900 $(14,900)$— 
Partnerships7.69,000 (2,175)6,825 
Trademark2.611,000 (5,317)5,683 
Developed technology4.624,100 (8,320)15,780 
Non-compete agreements2.62,800 (1,353)1,447 
Patents4.55,500 (1,980)3,520 
Total intangible assets$67,300 $(34,045)$33,255 
Schedule of Amortization Expense of the Identified Intangible Assets
Estimated future amortization expense of the identified intangible assets as of June 30, 2024 was as follows:
 Estimated Amortization
 (in thousands)
Fiscal years ending March 31, 
Remainder of 2025 (Remaining nine months)$5,940 
20267,919 
20276,769 
20285,006 
20293,175 
Thereafter2,466 
Total estimated future amortization expense$31,275 
Schedule of Accrued Expense and Other Current Liabilities
Accrued expense and other current liabilities consisted of the following:
June 30, 2024March 31, 2024
(in thousands)
Accrued payables$7,953 $9,697 
Accrued settlement and legal expenses34,655 3,260 
Accrued compensation and benefits3,952 4,266 
Accrued vacation7,185 7,221 
Accrued bonus4,459 7,420 
Accrued clinical expenses5,294 9,291 
Accrued taxes and other1,175 1,108 
Total accrued expenses and other current liabilities$64,673 $42,263