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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 242,418 $ 386,849
Restricted cash 1,399 1,399
Accounts receivable, net 18,154 1,897
Inventories 15,666 10,247
Deferred cost of revenue 12,222 5,376
Prepaid expenses and other current assets 20,100 19,224
Total current assets 309,959 424,992
Property and equipment, net 30,270 38,608
Operating lease right-of-use assets 50,738 56,078
Restricted cash, noncurrent 6,974 6,974
Internal-use software, net 19,827 15,661
Intangible assets, net 35,234 45,520
Goodwill 152,944 351,744
Other assets 2,265 3,021
Total assets 608,211 942,598
Current liabilities:    
Accounts payable (includes related party amounts of $7,064 and $3,186, respectively) 13,166 12,924
Accrued expenses and other current liabilities (includes related party amounts of $8,780 and $8,738, respectively) 42,124 66,430
Deferred revenue (includes related party amounts of $5,000 and $11,753, respectively) 80,468 62,521
Operating lease liabilities 8,381 7,541
Total current liabilities 144,139 149,416
Deferred revenue, noncurrent (includes related party amounts of $15,000 and nil, respectively) 15,000 0
Operating lease liabilities, noncurrent 70,441 77,763
Other liabilities 1,443 1,480
Total liabilities 231,023 228,659
Commitments and contingencies (Note 11)
Stockholders’ equity    
Preferred stock - par value $0.0001, 10,000,000 shares authorized as of December 31, 2023 and March 31, 2023; zero shares issued and outstanding as of December 31, 2023 and March 31, 2023 0 0
Common stock, par value $0.0001 - Class A shares, 1,140,000,000 shares authorized, 315,073,368 and 293,020,474 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively; Class B shares, 350,000,000 shares authorized, 167,480,278 and 168,179,488 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively 48 46
Additional paid-in capital 2,341,394 2,220,897
Accumulated other comprehensive loss 0 (620)
Accumulated deficit (1,964,254) (1,506,384)
Total stockholders’ equity 377,188 713,939
Total liabilities and stockholders’ equity $ 608,211 $ 942,598