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Net Loss Per Share (Tables)
12 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Computation of Earnings Per Share Basic and Diluted

The following table sets forth the computation of basic loss per ordinary share. Diluted earnings per share figures are not applicable due to losses.

 

 

 

Year ended March 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(108,470

)

 

$

(102,773

)

 

$

(105,386

)

Net loss available to ordinary shareholders - basic and diluted

 

$

(108,470

)

 

$

(102,773

)

 

$

(105,386

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding - basic and diluted

 

 

91,637,966

 

 

 

71,610,035

 

 

 

54,874,391

 

Loss per share - basic and diluted

 

$

(1.18

)

 

$

(1.44

)

 

$

(1.92

)

Summary of Number of Ordinary Shares Excluded from Computation of Earnings Per Share

The following sets out the numbers of the options, RSUs and warrants to purchase ordinary shares excluded from the above computation of earnings per share for the years ended March 31, 2021, March 31, 2020 and March 31, 2019, as their inclusion would have been anti-dilutive.

 

 

 

March 31,

2021

 

 

March 31,

2020

 

 

March 31,

2019

 

Ordinary shares issuable on exercise of options to purchase ordinary shares

 

 

1,810,785

 

 

 

1,848,052

 

 

 

1,936,397

 

Restricted share units awarded

 

 

902,409

 

 

 

694,347

 

 

 

966,689

 

Ordinary shares issuable on exercise of warrants at $16.14 per share

 

 

111,525

 

 

 

111,525

 

 

 

111,525

 

Ordinary shares issuable on exercise of warrants at $9.375 per share

 

 

64,000

 

 

 

64,000

 

 

 

64,000

 

 

 

 

2,888,719

 

 

 

2,717,924

 

 

 

3,078,611