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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 457,742 $ 674,493
Accounts receivable, net 18,910 3,570
Marketable securities 70,020 10,435
Inventories 6,737 2,611
Prepaid expenses and other current assets 20,795 13,536
Amount due from related party 550 0
Total current assets 574,754 704,645
Property and equipment, net 2,952 3,300
Operating lease right-of-use asset 8,405 9,655
Other assets 18,181 7,427
Total assets 604,292 725,027
Current liabilities:    
Accounts payable 12,130 17,809
Accrued expenses and other current liabilities 58,423 44,612
Share-based compensation liabilities 2,724 21,636
Deferred revenue 100,564 100,564
Amounts due to Pfizer 37,727 1,954
Cost share advance from Pfizer 55,026 92,415
Operating lease liability 2,052 1,807
Amounts due to related parties 391 543
Total current liabilities 269,037 281,340
Deferred revenue, non-current 400,849 397,369
Cost share advance from Pfizer, non-current 0 29,447
Long-term operating lease liability 7,618 9,189
Long-term debt, less current maturities (related party) 358,700 358,700
Other liabilities 371 2,947
Total liabilities 1,036,575 1,078,992
Commitments and contingencies (Note 9)
Shareholders’ deficit:    
Common shares, $0.000017727 par value, 564,111,242 shares authorized; 93,658,206 and 91,000,869 issued and outstanding at December 31, 2021 and March 31, 2021, respectively 2 2
Additional paid-in capital 777,844 709,466
Accumulated other comprehensive loss (17,285) (17,285)
Accumulated deficit (1,192,844) (1,046,148)
Total shareholders’ deficit (432,283) (353,965)
Total liabilities and shareholders’ deficit $ 604,292 $ 725,027