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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 131,284 $ 177,911
Accounts receivable—net 6,458 6,554
Prepaid expenses and other current assets 4,430 3,552
Inventory 98,471 124,336
Total current assets 240,643 312,353
PROPERTY AND EQUIPMENT—NET 27,214 39,851
INTANGIBLE ASSETS—NET 11,786 4,090
OPERATING LEASE RIGHT-OF-USE ASSETS 33,772 36,892
OTHER NONCURRENT ASSETS 7,215 7,234
TOTAL ASSETS 320,630 400,420
CURRENT LIABILITIES:    
Accounts payable 25,586 34,370
Operating lease liabilities, current 4,425 5,484
Accrued and other current liabilities 31,951 31,975
Deferred revenue 29,018 27,772
Total current liabilities 90,980 99,601
LONG-TERM DEBT 39,826 81,221
OPERATING LEASE LIABILITIES 44,778 47,240
OTHER LONG-TERM LIABILITIES 700 1,821
Total liabilities 176,284 229,883
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share—500,000,000 shares authorized; 179,786,374 and 177,647,754 shares issued 1 1
Treasury stock, at cost, 2,767,684 and 0 shares, respectively (4,120) 0
Additional paid-in capital 490,421 480,370
Accumulated deficit (341,956) (309,834)
Total stockholders’ equity 144,346 170,537
TOTAL LIABILITIES, AND STOCKHOLDERS’ EQUITY $ 320,630 $ 400,420