XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Annual Incentive Plan
Common Stock
Common Stock
A&R Plan
Common Stock
Annual Incentive Plan
Additional Paid-In Capital
[1]
Additional Paid-In Capital
Annual Incentive Plan
[1]
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance, shares (in shares) at Mar. 31, 2023 [1]     23,059,998            
Beginning balance at Mar. 31, 2023 $ 713,939   $ 2 [1]     $ 2,220,941   $ (620) $ (1,506,384)
Issuance of common stock upon exercise of stock options (in shares) [1]     9,036            
Issuance of common stock upon exercise of stock options 85         85      
Issuance of common stock upon release of restricted stock units under the 23andMe Second Amended and Restated Annual Incentive Plan (in shares) [1]       90,640 448,053        
Issuance of common stock upon release of restricted stock units under the 23andMe Second Amended and Restated Annual Incentive Plan   $ 18,630         $ 18,630    
Net share settlements for stock-based minimum tax withholdings (in shares) [1]     (2,949)            
Net share settlements for stock-based minimum tax withholdings (121)         (121)      
Stock-based compensation expense 47,915         47,915      
Other comprehensive (loss) income (334)             (334)  
Net loss (104,624)               (104,624)
Ending balance, shares (in shares) at Jun. 30, 2023 [1]     23,604,778            
Ending balance at Jun. 30, 2023 675,490   $ 2 [1]     2,287,450   (954) (1,611,008)
Beginning balance, shares (in shares) at Mar. 31, 2023 [1]     23,059,998            
Beginning balance at Mar. 31, 2023 713,939   $ 2 [1]     2,220,941   (620) (1,506,384)
Other comprehensive (loss) income 620                
Net loss (179,894)                
Ending balance, shares (in shares) at Sep. 30, 2023 [1]     23,941,551            
Ending balance at Sep. 30, 2023 625,251   $ 2 [1]     2,311,527   0 (1,686,278)
Beginning balance, shares (in shares) at Jun. 30, 2023 [1]     23,604,778            
Beginning balance at Jun. 30, 2023 675,490   $ 2 [1]     2,287,450   (954) (1,611,008)
Issuance of common stock upon exercise of stock options (in shares) [1]     41,428            
Issuance of common stock upon exercise of stock options 388         388      
Issuance of common stock upon release of restricted stock units under the 23andMe Second Amended and Restated Annual Incentive Plan (in shares) [1]       217,919 2,900        
Issuance of common stock upon release of restricted stock units under the 23andMe Second Amended and Restated Annual Incentive Plan   102         102    
Net share settlements for stock-based minimum tax withholdings (in shares) [1]     (951)            
Net share settlements for stock-based minimum tax withholdings (22)         (22)      
Issuance of common stock under employee stock purchase plan (in shares) [1]     75,477            
Issuance of common stock under employee stock purchase plan 1,411         1,411      
Stock-based compensation expense 22,198         22,198      
Other comprehensive (loss) income 954             954  
Net loss (75,270)               (75,270)
Ending balance, shares (in shares) at Sep. 30, 2023 [1]     23,941,551            
Ending balance at Sep. 30, 2023 625,251   $ 2 [1]     2,311,527   $ 0 (1,686,278)
Beginning balance, shares (in shares) at Mar. 31, 2024 [1]     24,505,970            
Beginning balance at Mar. 31, 2024 188,520   $ 2 [1]     2,361,606     (2,173,088)
Issuance of common stock upon exercise of stock options (in shares) [1]     6,889            
Issuance of common stock upon exercise of stock options 58         58      
Issuance of common stock upon release of restricted stock units under the 23andMe Second Amended and Restated Annual Incentive Plan (in shares) [1]       184,838 607,222        
Issuance of common stock upon release of restricted stock units under the 23andMe Second Amended and Restated Annual Incentive Plan   $ 6,451     $ 1 [1]   $ 6,450    
Net share settlements for stock-based minimum tax withholdings (in shares) [1]     (4,415)            
Net share settlements for stock-based minimum tax withholdings (48)         (48)      
Stock-based compensation expense 17,923         17,923      
Net loss (69,400)               (69,400)
Ending balance, shares (in shares) at Jun. 30, 2024 [1]     25,300,504            
Ending balance at Jun. 30, 2024 143,504   $ 3 [1]     2,385,989     (2,242,488)
Beginning balance, shares (in shares) at Mar. 31, 2024 [1]     24,505,970            
Beginning balance at Mar. 31, 2024 188,520   $ 2 [1]     2,361,606     (2,173,088)
Other comprehensive (loss) income 0                
Net loss (128,503)                
Ending balance, shares (in shares) at Sep. 30, 2024 [1]     25,836,364            
Ending balance at Sep. 30, 2024 101,929   $ 3 [1]     2,403,517     (2,301,591)
Beginning balance, shares (in shares) at Jun. 30, 2024 [1]     25,300,504            
Beginning balance at Jun. 30, 2024 143,504   $ 3 [1]     2,385,989     (2,242,488)
Issuance of common stock upon release of restricted stock units under the 23andMe Second Amended and Restated Annual Incentive Plan (in shares) [1]       484,051          
Net share settlements for stock-based minimum tax withholdings (in shares) [1]     (9,998)            
Net share settlements for stock-based minimum tax withholdings (70)         (70)      
Issuance of common stock under employee stock purchase plan (in shares) [1]     61,807            
Issuance of common stock under employee stock purchase plan 331         331      
Stock-based compensation expense 17,267         17,267      
Other comprehensive (loss) income 0                
Net loss (59,103)               (59,103)
Ending balance, shares (in shares) at Sep. 30, 2024 [1]     25,836,364            
Ending balance at Sep. 30, 2024 $ 101,929   $ 3 [1]     $ 2,403,517     $ (2,301,591)
[1] Amounts have been adjusted to reflect the reverse stock split that became effective on October 16, 2024. Refer to Note 2, Summary of Significant Accounting Policies and Note 19, “Subsequent Events,” for further information about the reverse stock split.