Income Taxes (Tables)

12 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Provision For (Benefit From) Income Taxes

The components of the Company’s loss before provision for (benefit from) income taxes for the fiscal years ended March 31, 2022, 2021 and 2020 were as follows:

	Year Ended March 31,
	2022			2021			2020
	(in thousands)
Domestic	$	(221,212	)	$	(183,619	)	$	(250,863	)
Foreign		242			—			—
Loss before income taxes	$	(220,970	)	$	(183,619	)	$	(250,863	)

Schedule of Provision Related To Income Taxes

	Year Ended March 31,
	2022			2021			2020
Statutory federal tax expense rate		21	%		21	%		21	%
Non-deductible stock-based compensation		(3	)		(7	)		(2	)
Fair Market Value adjustment on Warrants		3			—			—
Change in valuation allowance related to acquisition		2			—			—
Change in valuation allowance		(20	)		(14	)		(19	)
Other		(2	)		—			—
Effective tax rate		2	%		0	%		0	%

Schedule of Deferred Tax Assets and Liabilities

The components of net deferred tax assets, as of March 31, 2022 and 2021 consisted of:

	Year Ended March 31,
	2022			2021
	(in thousands)
Deferred tax assets:
Net operating loss carryforwards	$	248,856		$	181,020
Accruals and reserves		3,685			3,591
Stock-based compensation		10,000			6,291
Deferred revenue		6,865			17,785
Operating lease liabilities		20,590			23,393
Intangibles	—				355
Other		19			391
Gross deferred tax assets		290,015			232,826
Valuation allowance		(261,795	)		(213,267	)
Total deferred tax assets		28,220			19,559
Deferred tax liabilities:
Prepaid expenses		(1,235	)		(841	)
Intangibles		(15,709	)
Operating lease right-of-use assets		(13,233	)		(15,755	)
Property and equipment		(1,138	)		(2,963	)
Gross deferred tax liabilities		(31,315	)		(19,559	)
Net deferred taxes	$	(3,095	)	$	—

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending balance of unrecognized tax benefits is summarized as follows:

	Unrecognized Tax Benefits
	(in thousands)
Balance as of March 31, 2019	$	282
Decreases in unrecognized tax benefits related to prior year tax positions		—
Increases in unrecognized tax benefits related to current year tax positions		17
Balance as of March 31, 2020		299
Decreases in unrecognized tax benefits related to prior year tax positions		(299	)
Increases in unrecognized tax benefits related to current year tax positions		—
Balance as of March 31, 2021		—