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Condensed Consolidated Balance sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Current assets:    
Cash $ 769,938 $ 282,489
Restricted cash 1,399 1,399
Accounts receivable, net 9,404 2,481
Inventories 15,272 6,239
Deferred cost of revenue 6,118 5,482
Prepaid expenses and other current assets 12,532 15,485
Total current assets 814,663 313,575
Property and equipment, net 57,700 60,884
Operating lease right-of-use assets 59,996 63,122
Restricted cash, non-current 6,974 6,974
Internal-use software, net 7,132 6,889
Other assets 553 654
Total assets 947,018 452,098
Current liabilities:    
Accounts payable (related party amounts of $6,604 and $4,422 as of June 30, 2021 and March 31, 2021, respectively) 17,684 12,271
Accrued expenses and other current liabilities (related party amounts of $6,930 and $7,065 as of June 30, 2021 and March 31, 2021, respectively) 33,029 31,953
Deferred revenue (related party amounts of $18,930 and $30,140 as of June 30, 2021 and March 31, 2021, respectively) 66,103 71,255
Operating lease liabilities 5,853 6,140
Total current liabilities 122,669 121,619
Operating lease liabilities, noncurrent 84,670 87,582
Other liabilities 1,188 1,165
Warrant Liabilities 75,949 0
Total liabilities 284,476 210,366
Commitments and contingencies (Note 8)
Redeemable convertible preferred stock    
Redeemable convertible preferred stock, $0.00001 par value per share, 10,000,000 and 209,512,070 shares authorized as of June 30, 2021 and March 31, 2021, respectively; nil and 209,181,855 shares issued and outstanding as of June 30, 2021 and March 31, 2021, respectively; aggregate liquidation preference of nil and $874,107 as of June 30, 2021 and March 31, 2021, respectively 0 837,351
Stockholders' equity (deficit)    
Common Stock - Class A shares, par value $0.0001, 92,672,510 and 20,713,076 shares issued and outstanding as of June 30, 2021 and March 31, 2021, respectively; Class B shares, par value $0.0001, 313,759,355 and 103,816,706 shares issued and outstanding as of June 30, 2021 and March 31, 2020, respectively. 41 0
Additional paid-in capital 1,681,765 381,619
Accumulated deficit (1,019,264) (977,238)
Total stockholders’ equity (deficit) 662,542 (595,619)
Total liabilities and stockholders’ equity (deficit) $ 947,018 $ 452,098