v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 994,525 $ 713,971
Accounts receivable 1,643 2,084
Prepaid expenses and other current assets 46,771 51,705
Total current assets 1,042,939 767,760
Property and equipment, net 531 844
Other assets 8,922 7,618
Total assets 1,052,392 776,222
Current liabilities:    
Accounts payable 8,616 17,656
Accrued expenses and other current liabilities 57,641 51,119
Total current liabilities 66,257 68,775
Total liabilities 66,257 68,775
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock, par value $0.0001 per share, 500,000,000 shares authorized, 203,316,885 shares issued and outstanding at December 31, 2025 and 500,000,000 shares authorized, 170,111,593 shares issued and outstanding at March 31, 2025 20 16
Additional paid-in capital 2,582,191 1,945,495
Accumulated other comprehensive income 1,197 1,459
Accumulated deficit (1,597,273) (1,239,523)
Total stockholders’ equity 986,135 707,447
Total liabilities and stockholders’ equity 1,052,392 776,222
Series A  preferred stock    
Stockholders’ equity:    
Preferred stock 0 0
Preferred Stock    
Stockholders’ equity:    
Preferred stock $ 0 $ 0

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