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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 84,726 $ 76,644
Marketable securities 14,970 2,997
Prepaid expenses and other current assets 9,370 8,269
Total current assets 109,066 87,910
Property and equipment, net 2,453 2,497
Operating lease right-of-use asset 10,790 11,146
Other assets 4,373 4,373
Total assets 126,682 105,926
Current liabilities:    
Accounts payable 5,388 15,334
Interest payable (related party) 24 15
Accrued expenses 28,920 29,060
Deferred revenue 16,667 40,000
Operating lease liability 1,585 1,516
Total current liabilities 52,584 85,925
Long-term operating lease liability 10,571 10,996
Long-term debt, less current maturities (related party) 193,700 113,700
Other 4,437 3,582
Total liabilities 261,292 214,203
Commitments and contingencies (Note 11)
Shareholders’ deficit:    
Common shares, par value $0.000017727 per share, 564,111,242 shares authorized, 90,137,012 and 89,833,998 issued and outstanding at June 30, 2020 and March 31, 2020, respectively 2 2
Additional paid-in capital 694,383 684,381
Accumulated other comprehensive loss (5,121) (1,646)
Accumulated deficit (823,874) (791,014)
Total shareholders’ deficit (134,610) (108,277)
Total liabilities and shareholders’ deficit $ 126,682 $ 105,926