XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Revenue:        
Total revenue $ 10,172 $ 8,751 $ 28,728 $ 33,741
Cost of revenue (7,928) (4,970) (17,579) (14,883)
Gross profit 2,244 3,781 11,149 18,858
Operating expenses:        
Sales and marketing (2,878) (2,283) (8,011) (6,757)
Research and development, net of government grants (13,260) (14,350) (42,545) (38,508)
General and administrative expense:        
Compensation expense in respect of share options and management equity incentives (2,319) (1,214) (5,546) (3,498)
Other general and administrative expenses (15,038) (7,524) (32,009) (24,334)
Total general and administrative expense (17,357) (8,738) (37,555) (27,832)
Total operating expense (33,495) (25,371) (88,111) (73,097)
Operating loss (31,251) (21,590) (76,962) (54,239)
Other (expense) income:        
Interest expense, net (9,559) (9,404) (21,914) (22,632)
Other, net (3,507) 617 677 6,179
Other expense, net (13,066) (8,787) (21,237) (16,453)
Loss before income taxes (44,317) (30,377) (98,199) (70,692)
Provision for income taxes (504) (1,303) (1,019) (999)
Net loss (44,821) (31,680) (99,218) (71,691)
Other comprehensive income (loss):        
Change in fair value of foreign currency cash flow hedges (37) 295 (380) 571
Change in unrealized gain on short-term investments 111 (193) (372)
Foreign currency gain (loss) 788 1,606 2,798 (2,026)
Provision for pension benefit obligation 15 13 44 (135)
Other comprehensive loss, net 766 2,025 2,269 (1,962)
Comprehensive loss (44,055) (29,655) (96,949) (73,653)
Net loss available to ordinary shareholders - basic and diluted $ (44,821) $ (31,680) $ (99,218) $ (71,691)
Loss per share - basic and diluted $ (0.44) $ (0.31) $ (0.98) $ (0.81)
Weighted-average shares outstanding - basic and diluted 102,127,141 101,016,040 101,695,746 88,512,823
Product Sales [Member]        
Revenue:        
Total revenue $ 10,172 $ 8,740 $ 28,497 $ 26,207
Other Revenues [Member]        
Revenue:        
Total revenue $ 11 $ 231 $ 7,534