XML 19 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 713,523 $ 76,644
Marketable securities 32,324 2,997
Prepaid expenses and other current assets 8,180 8,269
Total current assets 754,027 87,910
Property and equipment, net 2,847 2,497
Operating lease right-of-use asset 10,045 11,146
Other assets 7,295 4,373
Total assets 774,214 105,926
Current liabilities:    
Accounts payable 12,357 15,334
Interest payable (related party) 0 15
Accrued expenses 44,377 29,060
Upfront payment received included in current deferred revenue 100,564 40,000
Cost share advance from collaboration partner 92,415 0
Operating lease liability 1,731 1,516
Amounts due to related parties 628 0
Total current liabilities 252,072 85,925
Deferred revenue, non-current 418,344 0
Cost share advance from collaboration partner, non-current 46,424 0
Long-term operating lease liability 9,669 10,996
Long-term debt, less current maturities (related party) 313,700 113,700
Other 4,662 3,582
Total liabilities 1,044,871 214,203
Commitments and contingencies (Note 11)
Shareholders’ deficit:    
Common shares, par value $0.000017727 per share, 564,111,242 shares authorized, 90,870,042 and 89,833,998 issued and outstanding at December 31, 2020 and March 31, 2020, respectively 2 2
Additional paid-in capital 711,411 684,381
Accumulated other comprehensive loss (17,285) (1,646)
Accumulated deficit (964,785) (791,014)
Total shareholders’ deficit (270,657) (108,277)
Total liabilities and shareholders’ deficit $ 774,214 $ 105,926