Balance Sheet

v3.24.3

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Current assets:
Cash and cash equivalents	$ 472,941	$ 635,365
Accounts receivable	1,876	5,337
Prepaid expenses and other current assets	32,555	25,068
Total current assets	507,372	665,770
Operating lease right-of-use assets	45	133
Other assets	7,619	0
Property and equipment, net	671	462
Total assets	515,707	666,365
Current liabilities:
Accounts payable	20,727	7,155
Accrued expenses	45,879	41,315
Current portion of operating lease liabilities	47	138
Total current liabilities	66,653	48,608
Total liabilities	66,653	48,608
Commitments and contingencies (Note 9)
Stockholders’ equity:
Common stock, par value $0.0001 per share, 500,000,000 shares authorized, 146,565,049 shares issued and outstanding at September 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	1,469,082	1,441,518
Accumulated other comprehensive income	1,910	1,908
Accumulated deficit	(1,021,952)	(825,683)
Total stockholders’ equity	449,054	617,757
Total liabilities and stockholders’ equity	515,707	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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