Balance Sheet

v3.24.2.u1

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024
Current assets:
Cash and cash equivalents	$ 560,005	$ 635,365
Accounts receivable	2,417	5,337
Prepaid expenses and other current assets	26,625	25,068
Total current assets	589,047	665,770
Operating lease right-of-use assets	66	133
Property and equipment, net	565	462
Total assets	589,678	666,365
Current liabilities:
Accounts payable	11,035	7,155
Accrued expenses	33,914	41,315
Current portion of operating lease liabilities	69	138
Total current liabilities	45,018	48,608
Total liabilities	45,018	48,608
Commitments and contingencies (Note 9)
Stockholders’ equity:
Common stock, par value $0.0001 per share, 500,000,000 shares authorized, 146,195,673 shares issued and outstanding at June 30, 2024 and 500,000,000 shares authorized, 145,582,999 shares issued and outstanding at March 31, 2024	14	14
Additional paid-in capital	1,455,659	1,441,518
Accumulated other comprehensive income	1,820	1,908
Accumulated deficit	(912,833)	(825,683)
Total stockholders’ equity	544,660	617,757
Total liabilities and stockholders’ equity	589,678	666,365
Series A preferred stock
Stockholders’ equity:
Preferred stock	0	0
Preferred Stock
Stockholders’ equity:
Preferred stock	$ 0	$ 0

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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