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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 55,482 $ 80,752
Prepaid expenses and other current assets 3,998 2,971
Income tax receivable 1,717 1,707
Total current assets 61,197 85,430
Long-term investment 8,055 5,871
Other non-current assets 46 46
Operating lease right-of-use assets 1,105 1,532
Property and equipment, net 633 801
Total assets 71,036 93,680
Current liabilities:    
Accounts payable 2,970 4,412
Accrued expenses 8,949 11,319
Current portion of operating lease liabilities 465 889
Current portion of long-term debt 0 15,423
Total current liabilities 12,384 32,043
Operating lease liabilities, net of current portion 71 79
Total liabilities 12,455 32,122
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Common shares, par value $0.00001 per share, 1,000,000,000 shares authorized, 40,973,380 and 39,526,299 issued and outstanding at June 30, 2020 and March 31, 2020, respectively 0 0
Additional paid-in capital 825,830 820,257
Accumulated deficit (767,238) (758,644)
Accumulated other comprehensive loss (11) (55)
Total shareholders’ equity 58,581 61,558
Total liabilities and shareholders’ equity $ 71,036 $ 93,680