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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 226,734 $ 156,074
Prepaid expenses and other current assets 8,693 10,194
Income tax receivable 331 524
Total current assets 235,758 166,792
Property and equipment, net 2,057 2,071
Operating lease right-of-use asset 9,181  
Other assets 3,877 4,114
Total assets 250,873 172,977
Current liabilities:    
Accounts payable 10,004 11,019
Interest payable 758 1,077
Accrued expenses 46,258 53,614
Operating lease liability 813  
Due to Roivant Sciences Ltd. (RSL), Roivant Sciences, Inc. (RSI) and Roivant Sciences GmbH (RSG) 196 121
Current maturities of long-term debt 10,867 6,142
Total current liabilities 68,896 71,973
Deferred rent 0 1,157
Deferred interest payable 3,790 2,273
Long-term operating lease liability 9,550  
Long-term debt, less current maturities 89,070 93,240
Total liabilities 171,306 168,643
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Common shares, par value $0.000017727 per share, 564,111,242 shares authorized, 89,622,626 and 72,057,490 issued and outstanding at June 30, 2019 and March 31, 2019, respectively 2 1
Additional paid-in capital 649,806 505,851
Accumulated other comprehensive (loss) income (312) 507
Accumulated deficit (569,929) (502,025)
Total shareholders’ equity 79,567 4,334
Total liabilities and shareholders’ equity $ 250,873 $ 172,977