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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (99,922) $ (138,472)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 14,736 14,383
Depreciation and amortization [1] 1,146 726
Amortization of debt discount and issuance costs 0 1,095
Foreign currency transaction gain (10,287) (584)
Other 393 215
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 2,657 225
Income tax receivable 0 507
Other assets (648) (799)
Accounts payable (8,326) (5,200)
Interest payable 0 (772)
Interest payable (related party) (15) 0
Accrued expenses 11,081 (9,154)
Deferred revenue (23,333) 0
Operating lease liabilities (728) (368)
Deferred interest payable 0 3,050
Amounts due to related parties 1,284 0
Other liabilities 1,386 0
Net cash used in operating activities (110,576) (135,148)
Cash flows from investing activities:    
Purchases of marketable securities (28,874) (27,160)
Maturities of marketable securities 14,785 0
Purchases of property and equipment (734) (532)
Net cash used in investing activities (14,823) (27,692)
Cash flows from financing activities:    
Proceeds from related party debt financing 140,000 0
Proceeds from stock option exercises 3,578 314
Net cash provided by financing activities 143,578 137,388
Net change in cash, cash equivalents and restricted cash 18,179 (25,452)
Cash, cash equivalents and restricted cash, beginning of period 78,018 157,199
Cash, cash equivalents and restricted cash, end of period 96,197 131,747
Non-cash financing activities:    
Offering costs included in accounts payable and accrued expenses 0 70
Private Placement | Cowen and Company, LLC    
Cash flows from financing activities:    
Cash proceeds from issuance of common shares 0 2,546
Public Offering    
Cash flows from financing activities:    
Cash proceeds from issuance of common shares $ 0 $ 134,528
[1] Includes amortization of operating lease right-of-use assets.