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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 94,210 $ 76,644
Marketable securities 17,086 2,997
Prepaid expenses and other current assets 5,612 8,269
Total current assets 116,908 87,910
Property and equipment, net 2,808 2,497
Operating lease right-of-use asset 10,423 11,146
Other assets 5,634 4,373
Total assets 135,773 105,926
Current liabilities:    
Accounts payable 7,008 15,334
Interest payable (related party) 0 15
Accrued expenses 40,141 29,060
Deferred revenue 16,667 40,000
Operating lease liability 1,657 1,516
Amounts due to related parties 1,284 0
Total current liabilities 66,757 85,925
Long-term operating lease liability 10,127 10,996
Long-term debt, less current maturities (related party) 253,700 113,700
Other 4,968 3,582
Total liabilities 335,552 214,203
Commitments and contingencies (Note 11)
Shareholders’ deficit:    
Common shares, par value $0.000017727 per share, 564,111,242 shares authorized, 90,581,003 and 89,833,998 issued and outstanding at September 30, 2020 and March 31, 2020, respectively 2 2
Additional paid-in capital 702,695 684,381
Accumulated other comprehensive loss (11,540) (1,646)
Accumulated deficit (890,936) (791,014)
Total shareholders’ deficit (199,779) (108,277)
Total liabilities and shareholders’ deficit $ 135,773 $ 105,926