v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating expenses:        
Research and development $ 114,249 $ 97,272 $ 215,449 $ 172,745
General and administrative 17,513 18,471 43,537 37,279
Total operating expenses 131,762 115,743 258,986 210,024
Interest income, net (5,604) (6,073) (11,941) (13,254)
Other income, net (250) (629) (1,437) (657)
Loss before provision for income taxes (125,908) (109,041) (245,608) (196,113)
Provision for income taxes 594 78 1,507 156
Net loss $ (126,502) $ (109,119) $ (247,115) $ (196,269)
Net loss per common share - basic (in dollars per share) $ (0.73) $ (0.74) $ (1.43) $ (1.34)
Net loss per common share - diluted (in dollars per share) $ (0.73) $ (0.74) $ (1.43) $ (1.34)
Weighted-average common shares outstanding – basic (in shares) 173,643,829 146,468,991 172,295,320 146,313,696
Weighted-average common shares outstanding – diluted (in shares) 173,643,829 146,468,991 172,295,320 146,313,696

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