XML 53 R34.htm IDEA: XBRL DOCUMENT v3.23.1
Balance Sheet Components (Tables)
12 Months Ended
Mar. 31, 2023
Balance Sheet Related Disclosures [Abstract]  
Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

March 31, 2023

 

 

March 31, 2022

 

 

 

(in thousands)

 

Computer and software

 

$

10,376

 

 

$

10,573

 

Laboratory equipment and software

 

 

52,785

 

 

 

51,557

 

Furniture and office equipment

 

 

8,946

 

 

 

8,926

 

Leasehold improvements

 

 

40,964

 

 

 

40,566

 

Capitalized asset retirement obligations

 

 

853

 

 

853

 

Property and equipment, gross

 

 

113,924

 

 

 

112,475

 

Less: accumulated depreciation and amortization

 

 

(75,316

)

 

 

(62,624

)

Property and equipment, net

 

$

38,608

 

 

$

49,851

 

Schedule of internal use software

Internal-use software, net consisted of the following:

 

 

March 31, 2023

 

 

March 31, 2022

 

 

 

(in thousands)

 

Capitalized internal-use software

 

$

25,180

 

 

$

14,804

 

Less: accumulated amortization

 

 

(9,519

)

 

 

(5,169

)

Internal-use software, net

 

$

15,661

 

 

$

9,635

 

During the fiscal years ended March 31, 2023, 2022 and 2021, t
Summary of Intangible Assets, Net

Intangible assets, net consisted of the following:

 

 

 

March 31, 2023

 

 

 

Weighted Average Remaining Useful Life
(Years)

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Cumulative Impairment Charge

 

 

Cumulative Currency Translation

 

 

Net Carrying Amount

 

 

 

(in thousands, except years)

 

Customer relationships

 

 

0.6

 

 

$

14,900

 

 

$

(10,554

)

 

$

 

 

$

 

 

$

4,346

 

Partnerships

 

 

8.6

 

 

 

23,200

 

 

 

(4,385

)

 

 

(9,968

)

 

 

(1,122

)

 

 

7,725

 

Trademark

 

 

3.6

 

 

 

11,000

 

 

 

(3,117

)

 

 

 

 

 

 

 

 

7,883

 

Developed technology

 

 

5.6

 

 

 

24,100

 

 

 

(4,877

)

 

 

 

 

 

 

 

 

19,223

 

Non-compete agreements

 

 

3.6

 

 

 

2,800

 

 

 

(793

)

 

 

 

 

 

 

 

 

2,007

 

Patents

 

 

5.5

 

 

 

5,500

 

 

 

(1,164

)

 

 

 

 

 

 

 

 

4,336

 

Total intangible assets

 

 

 

 

$

81,500

 

 

$

(24,890

)

 

$

(9,968

)

 

$

(1,122

)

 

$

45,520

 

 

 

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 March 31, 2023 was as follows:

 

 

 

Estimated Amortization

 

 

 

(in thousands)

 

Fiscal years ending March 31,

 

 

 

2024

 

$

12,265

 

2025

 

 

7,919

 

2026

 

 

7,919

 

2027

 

 

6,770

 

2028

 

 

5,006

 

Thereafter

 

 

5,641

 

Total estimated future amortization expense

 

$

45,520

 

 

Schedule of Accrued Expense and Other Current Liabilities

Accrued expense and other current liabilities consisted of the following:

 

 

March 31, 2023

 

 

March 31, 2022

 

 

 

(in thousands)

 

Accrued payables

 

$

17,030

 

 

$

20,937

 

Accrued compensation and benefits

 

 

14,737

 

 

 

14,241

 

Accrued bonus

 

 

21,600

 

 

 

657

 

Accrued clinical expenses

 

 

11,707

 

 

 

6,717

 

Accrued taxes and other

 

 

1,356

 

 

 

2,036

 

Total accrued expenses and other current liabilities

 

$

66,430

 

 

$

44,588