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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
Current assets:    
Cash $ 331,069  
Prepaid expenses and other current assets 27 $ 4
Deferred financing costs   1,104
Total current assets 331,096 1,108
Property, plant and equipment, net 16 9
Deferred tax assets 182  
Total assets 331,294 1,117
Current liabilities:    
Accounts payable 756 403
Due to Roivant Sciences Ltd. and Roivant Sciences, Inc. 1,629 2,307
Accrued legal fees 869 832
Accrued expenses 1,063 326
Income tax payable 252  
Total current liabilities 4,569 3,868
Contingent payment liability 5,000 5,000
Total liabilities $ 9,569 $ 8,868
Commitments and contingencies (Note I)    
Shareholders' equity (deficit):    
Common shares, par value $0.00001 per share, 1,000,000,000 shares authorized, 99,150,000 and 75,000,000 issued and outstanding at June 30, 2015 and March 31, 2015, respectively $ 1 $ 1
Common shares subscribed (1) (1)
Additional paid-in capital 370,830 13,296
Accumulated deficit (49,105) (21,047)
Total shareholders' equity (deficit) 321,725 (7,751)
Total liabilities and shareholders' equity (deficit) $ 331,294 $ 1,117