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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (138,472) $ (127,904)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 14,383 8,969
Depreciation and amortization [1] 726 191
Amortization of debt discount and issuance costs 1,095 936
Other items (369) 565
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 225 (3,240)
Income tax receivable 507 233
Other assets (799) (96)
Accounts payable (5,200) 3,781
Interest payable (772) 18
Accrued expenses (9,304) 8,176
Operating lease liabilities (368)  
Due to RSL, RSI and RSG 150 (1,382)
Deferred rent 0 567
Deferred interest payable 3,050 305
Net cash used in operating activities (135,148) (108,881)
Cash flows from investing activities:    
Purchases of marketable securities (27,160) 0
Purchases of property and equipment (532) (390)
Net cash used in investing activities (27,692) (390)
Cash flows from financing activities:    
Proceeds from stock option exercises 314 466
Net cash provided by financing activities 137,388 154,964
Net change in cash, cash equivalents and restricted cash (25,452) 45,693
Cash, cash equivalents and restricted cash, beginning of period 157,199 108,624
Cash, cash equivalents and restricted cash, end of period 131,747 154,317
Non-cash financing activities:    
Unpaid offering costs included in accounts payable and accrued expenses 70 292
Stock options exercised receivables, included in prepaid expenses and other current assets 0 (70)
Public Offering    
Cash flows from financing activities:    
Cash proceeds from issuance of common shares 134,528 74,683
Private Placement | Cowen and Company, LLC    
Cash flows from financing activities:    
Cash proceeds from issuance of common shares 2,546 57,315
Private Placement | Roivant Sciences, Ltd.    
Cash flows from financing activities:    
Cash proceeds from issuance of common shares $ 0 $ 22,500
[1] Includes amortization of operating lease right-of-use asset.