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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Mar. 31, 2020
Current assets:    
Cash $ 444,372 $ 100,571
Prepaid expenses 5,854 5,460
Income tax receivable 40 36
Value-added tax receivable 0 3,009
Total current assets 450,266 109,076
Operating lease right-of-use assets 3,493 0
Property and equipment, net 136 65
Deferred offering costs 0 246
Total assets 453,895 109,387
Current liabilities:    
Accounts payable 5,787 1,190
Accrued expenses 5,787 10,938
Current portion of operating lease liabilities 1,102 0
Due to Roivant Sciences Ltd. 134 3,190
Total current liabilities 12,810 15,318
Operating lease liabilities, net of current portion 2,679 0
Total liabilities 15,489 15,318
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock value [1] 0 0
Common stock, par value $0.0001 per share, 500,000,000 shares authorized, 97,890,705 shares issued and outstanding at September 30, 2020 and 500,000,000 shares authorized, 56,455,376 shares issued and 54,655,376 shares outstanding at March 31, 2020 [1] 10 5
Additional paid-in capital [1] 577,341 185,306
Accumulated other comprehensive loss [1] (222) (16)
Accumulated deficit [1] (138,723) (91,226)
Total stockholders’ equity [1] 438,406 94,069 [2]
Total liabilities and stockholders’ equity 453,895 109,387
Series A  preferred stock    
Stockholders' equity:    
Preferred stock value [1] $ 0 $ 0
[1] Retroactively restated for the reverse recapitalization as described in Note 1.
[2] Retroactively restated for reverse recapitalization as described in Note 1.