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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 406,704 $ 674,493
Accounts receivable, net 23,296 3,570
Marketable securities 27,483 10,435
Inventories 7,584 2,611
Prepaid expenses and other current assets 22,498 13,536
Amount due from related party 580 0
Total current assets 488,145 704,645
Property and equipment, net 2,944 3,300
Operating lease right-of-use asset 7,961 9,655
Other assets 20,961 7,427
Total assets 520,011 725,027
Current liabilities:    
Accounts payable 12,250 17,809
Accrued expenses and other current liabilities 68,594 44,612
Share-based compensation liabilities 0 21,636
Deferred revenue 100,564 100,564
Amounts due to Pfizer 32,563 1,954
Cost share advance from Pfizer 33,818 92,415
Operating lease liability 2,148 1,807
Amounts due to related parties 393 543
Total current liabilities 250,330 281,340
Deferred revenue, non-current 375,706 397,369
Cost share advance from Pfizer, non-current 0 29,447
Long-term operating lease liability 7,041 9,189
Long-term debt, less current maturities (related party) 358,700 358,700
Other liabilities 1,711 2,947
Total liabilities 993,488 1,078,992
Commitments and contingencies (Note 14)
Shareholders’ deficit:    
Common shares, par value $0.000017727 per share, 564,111,242 shares authorized; 94,858,446 and 91,000,869 issued and outstanding at March 31, 2022 and 2021, respectively 2 2
Additional paid-in capital 795,935 709,466
Accumulated other comprehensive loss (17,285) (17,285)
Accumulated deficit (1,252,129) (1,046,148)
Total shareholders’ deficit (473,477) (353,965)
Total liabilities and shareholders’ deficit $ 520,011 $ 725,027