v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Operating expenses:      
Research and development $ 456,660 $ 360,917 $ 212,928
Acquired in-process research and development 0 0 12,500
General and administrative 76,242 77,235 57,281
Total operating expenses 532,902 438,152 282,709
Interest income, net (25,330) (24,732) (24,948)
Other (income) expense, net (2,181) (471) 1,008
Loss before provision for income taxes (505,391) (412,949) (258,769)
Provision for income taxes 215 891 567
Net loss $ (505,606) $ (413,840) $ (259,336)
Net loss per common share — basic (in dollars per share) $ (2.77) $ (2.73) $ (1.88)
Net loss per common share — diluted (in dollars per share) $ (2.77) $ (2.73) $ (1.88)
Weighted average common shares outstanding — basic (in shares) 182,421,233 151,573,553 138,100,577
Weighted average common shares outstanding — diluted (in shares) 182,421,233 151,573,553 138,100,577

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