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Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis The following table presents information about the Company’s financial instruments that are measured at fair value on a recurring basis as of March 31, 2023:

 

 

March 31, 2023

 

 

 

Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(in thousands)

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

372,000

 

 

$

372,000

 

 

$

 

 

$

 

Total financial assets

 

$

372,000

 

 

$

372,000

 

 

$

 

 

$

 

Schedule of Changes in Fair Value of Warrant Liabilities

The change in the fair value of warrant liabilities is as follows:





Warrant Liabilities

 





(in thousands)

 

Balance at March 31, 2021



$

 

Assumption of Private Placement Warrants and Public Warrants



 

75,415

 

Redeemed/exercised warrants



 

(42,426

)

Change in fair value of warrant liabilities



 

(32,989

)

Balance at March 31, 2023 and 2022



$