Balance Sheet

v3.23.3

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 269,928	$ 376,532
Accounts receivable	1,421	700
Prepaid expenses and other current assets	19,828	27,101
Total current assets	291,177	404,333
Operating lease right-of-use assets	589	1,172
Property and equipment, net	304	333
Total assets	292,070	405,838
Current liabilities:
Accounts payable	7,511	1,353
Accrued expenses	32,134	40,771
Current portion of operating lease liabilities	614	1,173
Total current liabilities	40,259	43,297
Operating lease liabilities, net of current portion	0	47
Total liabilities	40,259	43,344
Commitments and contingencies (Note 9)
Stockholders’ equity:
Common stock, par value $0.0001 per share, 500,000,000 shares authorized, 131,442,024 shares issued and outstanding at September 30, 2023 and 500,000,000 shares authorized, 130,329,863 shares issued and outstanding at March 31, 2023	13	13
Additional paid-in capital	950,231	927,976
Accumulated other comprehensive income	513	852
Accumulated deficit	(698,946)	(566,347)
Total stockholders’ equity	251,811	362,494
Total liabilities and stockholders’ equity	292,070	405,838
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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