v3.25.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net loss $ (247,115) $ (196,269)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 31,868 26,148
Depreciation on property and equipment 212 169
Non-cash lease expense 48 88
Changes in operating assets and liabilities:    
Accounts receivable 104 3,344
Prepaid expenses and other current assets 1,662 (6,541)
Other assets (1,194) (8,071)
Accounts payable (10,466) 13,248
Accrued expenses and other current liabilities 4,955 3,038
Net cash used in operating activities (219,926) (164,846)
Cash flows from investing activities    
Purchase of property and equipment 0 (378)
Net cash used in investing activities 0 (378)
Cash flows from financing activities    
Proceeds from stock options exercised 27,513 1,416
Net cash provided by financing activities 27,513 1,416
Effect of exchange rate changes on cash and cash equivalents 312 1,384
Net change in cash and cash equivalents (192,101) (162,424)
Cash and cash equivalents – beginning of period 713,971 635,365
Cash and cash equivalents – end of period 521,870 472,941
Supplemental disclosure of cash paid:    
Income taxes $ 801 $ 301

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