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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES:    
Net loss $ (78,792) $ (62,240)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 9,503 7,678
Share-based compensation 3,576 3,458
Increase in (amortization of) deferred lease rental benefit 266 (324)
Swiss pension obligation 453 494
Amortization of deferred debt issue costs 4,097 3,383
Accrued preference share dividends 788 788
Deferred income taxes 33  
Net change in assets and liabilities:    
Trade accounts receivable, net 315 681
Inventories 147 (2,347)
Accounts payable and accrued liabilities (5,076) (4,066)
Accrued compensation and benefits (664) (886)
Other assets 3,833 456
Net cash used in operating activities (61,521) (52,925)
INVESTING ACTIVITIES:    
Increase in short-term investments (119,000) (78,000)
Realization of short-term investments 21,883 66,403
Purchase of property and equipment (3,047) (17,343)
Purchase of intangible assets (3) (68)
Net cash used in investing activities (100,167) (29,008)
FINANCING ACTIVITIES:    
Repayment of finance leases (358) (135)
Proceeds from drawdown of new debt 36,000  
Debt issuance costs and fees paid to noteholders (5,113)  
Proceeds from issuance of ordinary shares and warrants 113,745 84,985
Net cash generated from financing activities 144,274 84,850
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash 4,187 (1,521)
Change in cash, cash equivalents and restricted cash (13,227) 1,396
Beginning cash, cash equivalents and restricted cash 25,205 9,794
Ending cash, cash equivalents and restricted cash 11,978 11,190
Supplemental cash flow disclosures:    
Interest paid 11,435 5,068
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 4,468 6,150
Restricted cash 7,510 5,040
Ending cash, cash equivalents and restricted cash $ 11,978 $ 11,190