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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES:    
Net loss $ (41,929) $ (33,593)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 5,081 4,641
Share-based compensation 2,472 1,981
Amortization of lease incentive (215) (217)
Swiss pension obligation 329 344
Amortization of deferred debt issue costs 2,882 506
Accrued preference share dividends 525 525
Net change in assets and liabilities:    
Trade accounts receivable, net 231 (1,870)
Inventories (1,065) (1,333)
Accounts payable and accrued liabilities (540) 1,614
Accrued compensation and benefits (560) 10
Other assets 197 (1,629)
Net cash used in operating activities (32,592) (29,021)
INVESTING ACTIVITIES:    
Increase in short-term investments (43,000)  
Realization of short-term investments 48,402  
Purchase of property and equipment (12,261) (9,427)
Purchase of intangible assets (68) (65)
Net cash used in investing activities (6,927) (9,492)
FINANCING ACTIVITIES:    
Repayment of finance leases (56) (81)
Proceeds from issuance of ordinary shares 45,266 16,371
Net cash generated from financing activities 45,210 16,290
Effect of exchange rate fluctuations on cash and cash equivalents (1,314) (2,878)
Change in cash and cash equivalents 4,377 (25,101)
Beginning cash and cash equivalents 4,754 44,100
Ending cash and cash equivalents 9,131 18,999
Supplemental cash flow disclosures:    
Interest paid $ 5,068 $ 2,391