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Balance Sheet Components (Tables)
3 Months Ended
Jun. 30, 2022
Balance Sheet Related Disclosures [Abstract]  
Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

June 30,

 

 

March 31,

 

 

 

2022

 

 

2022

 

 

 

(in thousands)

 

Computer and software

 

$

10,965

 

 

$

10,573

 

Laboratory equipment and software

 

 

51,667

 

 

 

51,557

 

Furniture and office equipment

 

 

9,017

 

 

 

8,926

 

Leasehold improvements

 

 

40,640

 

 

 

40,566

 

Capitalized asset retirement obligations

 

 

853

 

 

853

 

Property and equipment, gross

 

 

113,142

 

 

 

112,475

 

Less: accumulated depreciation and amortization

 

 

(66,228

)

 

 

(62,624

)

Property and equipment, net

 

$

46,914

 

 

$

49,851

 

Schedule of Internal Use Software, Net Internal-use software, net consisted of the following:

 

 

 

June 30,

 

 

March 31,

 

 

 

2022

 

 

2022

 

 

 

(in thousands)

 

Capitalized internal-use software

 

$

16,432

 

 

$

14,804

 

Less: accumulated amortization

 

 

(6,137

)

 

 

(5,169

)

Internal-use software, net

 

$

10,294

 

 

$

9,635

 

 

Summary of Intangible Assets, Net

Intangible assets, net as of June 30, 2022, consisted of the following:

 

 

 

June 30, 2022

 

 

 

Weighted Average Remaining Useful Life- Years

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

 

(in thousands, except years)

 

Customer Relationships

 

 

1.3

 

 

$

14,900

 

 

$

(4,967

)

 

$

9,933

 

Partnerships

 

 

6.4

 

 

 

23,200

 

 

 

(2,454

)

 

 

20,746

 

Trademark

 

 

4.3

 

 

 

11,000

 

 

 

(1,467

)

 

 

9,533

 

Developed Technology

 

 

6.3

 

 

 

24,100

 

 

 

(2,295

)

 

 

21,805

 

Non-Compete Agreements

 

 

4.3

 

 

 

2,800

 

 

 

(373

)

 

 

2,427

 

Patents

 

 

6.2

 

 

 

5,500

 

 

 

(551

)

 

 

4,949

 

Total intangible assets

 

 

 

 

$

81,500

 

 

$

(12,107

)

 

$

69,393

 

Intangible assets, net as of March 31, 2022, consisted of the following:

 

 

 

March 31, 2022

 

 

 

Weighted Average Remaining Useful Life- Years

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

 

(in thousands, except years)

 

Customer Relationships

 

 

1.6

 

 

$

14,900

 

 

$

(3,104

)

 

$

11,796

 

Partnerships

 

 

6.6

 

 

 

23,200

 

 

 

(1,558

)

 

 

21,642

 

Trademark

 

 

4.6

 

 

 

11,000

 

 

 

(917

)

 

 

10,083

 

Developed Technology

 

 

6.6

 

 

 

24,100

 

 

 

(1,436

)

 

 

22,664

 

Non-Compete Agreements

 

 

4.6

 

 

 

2,800

 

 

 

(233

)

 

 

2,567

 

Patents

 

 

6.4

 

 

 

5,500

 

 

 

(347

)

 

 

5,153

 

Total intangible assets

 

 

 

 

$

81,500

 

 

$

(7,595

)

 

$

73,905

 

Summary of Future Amortization of Intangible Assets

Estimated future amortization expense of the identified intangible assets as of June 30, 2022, is as follows:

 

 

 

Estimated Amortization

 

 

 

(in thousands)

 

Fiscal years ending March 31,

 

 

 

Remainder of 2023

 

$

13,613

 

2024

 

 

15,086

 

2025

 

 

10,741

 

2026

 

 

10,741

 

2027

 

 

8,728

 

Thereafter

 

 

10,484

 

Total estimated future amortization expense

 

$

69,393

 

 

Schedule of Accrued Expense and Other Current Liabilities

Accrued expense and other current liabilities consisted of the following:

 

 

 

June 30,

 

 

March 31,

 

 

 

2022

 

 

2022

 

 

 

(in thousands)

 

Accrued payables

 

$

29,714

 

 

$

27,654

 

Accrued compensation and benefits

 

 

20,871

 

 

 

14,898

 

Accrued taxes and other

 

 

1,456

 

 

 

2,036

 

Total accrued expenses and other current liabilities

 

$

52,041

 

 

$

44,588