XML 58 R41.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Balance Sheet Components (Tables)
12 Months Ended
Mar. 31, 2024
Balance Sheet Related Disclosures [Abstract]  
Prepaid Expense and Other Current Assets
Prepaid expense and other current assets consisted of the following:
March 31, 2024March 31, 2023
(in thousands)
Prepaid expenses$9,296 $13,244 
Other receivables5,751 3,003 
Other current assets1,794 2,977 
Prepaid expenses and other current assets$16,841 $19,224 
Property and Equipment, Net
Property and equipment, net consisted of the following:
March 31, 2024March 31, 2023
(in thousands)
Computer equipment and software$7,485 $10,376 
Laboratory equipment and software51,635 52,785 
Furniture and office equipment8,929 8,946 
Leasehold improvements41,180 40,964 
Capitalized asset retirement obligations853 853 
Property and equipment, gross110,082 113,924 
Less: accumulated depreciation and amortization(81,731)(75,316)
Property and equipment, net$28,351 $38,608 
Operating Lease, Right-of-Use Assets, Net
Operating lease right-of-use assets, net consisted of the following:
March 31, 2024March 31, 2023
(in thousands)
Operating lease right-of-use assets85,166 85,408 
Less: accumulated amortization(36,272)(29,330)
Operating lease right-of-use assets, net48,894 56,078 
Schedule of Internal-Use Software
Internal-use software, net consisted of the following:
 March 31, 2024March 31, 2023
 
(in thousands)
Capitalized internal-use software$35,918 $25,180 
Less: accumulated amortization(15,402)(9,519)
Internal-use software, net$20,516 $15,661 
Summary of Intangible Assets, Net
Intangible assets, net consisted of the following:
March 31, 2024
Weighted Average Remaining
Useful Life
(Years)
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
(in thousands, except years)
Customer relationships0.0$14,900 $(14,900)$— 
Partnerships7.69,000 (2,175)6,825 
Trademark2.611,000 (5,317)5,683 
Developed technology4.624,100 (8,320)15,780 
Non-compete agreements2.62,800 (1,353)1,447 
Patents4.55,500 (1,980)3,520 
Total intangible assets$67,300 $(34,045)$33,255 
March 31, 2023
Weighted Average Remaining Useful
Life
(Years)
Gross Carrying Amount
Accumulated Amortization
Cumulative Impairment ChargeCumulative Currency TranslationNet Carrying Amount
(in thousands, except years)
Customer relationships0.6$14,900 $(10,554)$— $— $4,346 
Partnerships8.623,200 (4,385)(9,968)(1,122)7,725 
Trademark3.611,000 (3,117)— — 7,883 
Developed technology5.624,100 (4,877)— — 19,223 
Non-compete agreements3.62,800 (793)— — 2,007 
Patents5.55,500 (1,164)— — 4,336 
Total intangible assets$81,500 $(24,890)$(9,968)$(1,122)$45,520 
Summary of Future Amortization of Intangible Assets
Estimated future amortization expense of the identified intangible assets as of March 31, 2024 was as follows:
Estimated Amortization
(in thousands)
Fiscal years ending March 31,
2025$7,919 
20267,919 
20276,769 
20285,006 
20293,176 
Thereafter2,466 
Total estimated future amortization expense$33,255 
Schedule of Change in Carrying Amount of Goodwill
The following table presents the changes in the carrying amount of goodwill for the Consumer and Research Services reporting unit:
Carrying Amount
(in thousands)
As of March 31, 2023$351,744 
Less: Impairment(351,744)
As of March 31, 2024$— 
Schedule of Accrued Expense and Other Current Liabilities
Accrued expense and other current liabilities consisted of the following:
March 31, 2024March 31, 2023
(in thousands)
Accrued payables$12,957 $17,030 
Accrued compensation and benefits4,266 5,898 
Accrued vacation7,221 8,839 
Accrued bonus7,420 21,600 
Accrued clinical expenses9,291 11,707 
Accrued taxes and other1,108 1,356 
Total accrued expenses and other current liabilities$42,263 $66,430