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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Mar. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 115,259 $ 125,495
Accounts receivable—net 11,415 7,696
Prepaid expenses and other current assets 12,371 4,379
Inventory 90,360 84,177
Total current assets 229,405 221,747
PROPERTY AND EQUIPMENT—NET 22,070 25,540
INTANGIBLE ASSETS—NET 7,428 11,921
OPERATING LEASE RIGHT-OF-USE ASSETS 29,283 32,793
OTHER NONCURRENT ASSETS 4,006 6,587
TOTAL ASSETS 292,192 298,588
CURRENT LIABILITIES:    
Accounts payable 27,086 13,737
Operating lease liabilities, current 5,668 5,294
Accrued and other current liabilities 41,795 30,490
Deferred revenue 23,524 25,957
Current portion of long-term debt 42,461 0
Total current liabilities 140,534 75,478
LONG-TERM DEBT 0 39,926
OPERATING LEASE LIABILITIES 38,306 42,599
OTHER LONG-TERM LIABILITIES 314 1,202
Total liabilities 179,154 159,205
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share—500,000,000 shares authorized; 183,965,936 and 180,176,725 shares issued 1 1
Treasury stock, at cost, 9,869,120 and 4,643,589 shares, respectively (14,248) (6,225)
Additional paid-in capital 500,953 492,427
Accumulated deficit (373,668) (346,820)
Total stockholders’ equity 113,038 139,383
TOTAL LIABILITIES, AND STOCKHOLDERS’ EQUITY $ 292,192 $ 298,588