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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (85,355) $ (56,666)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 14,186 12,563
Depreciation 1,237 1,050
Net amortization of premiums and discounts on short-term investments (161) 1,284
Changes in operating assets and liabilities:    
Research and development incentives receivable (1,417) (1,513)
Prepaid expenses and other current assets 159 (1,252)
Operating lease, right-of-use-asset 252 217
Finance lease, right-of-use-asset 1,214 1,214
Accounts payable 698 750
Accrued expenses and other current liabilities 2,779 1,293
Operating lease liabilities (257) (215)
Net cash used in operating activities (66,665) (41,275)
Cash flows from investing activities:    
Purchases of property, plant and equipment (1,464) (719)
Purchase of short-term investments (193,685) (111,356)
Proceeds from sales and maturities of short-term investments 200,500 128,015
Net cash provided by investing activities 5,351 15,940
Cash flows from financing activities:    
Net proceeds from issuance after deducting underwriting discounts, commissions and other offering expenses 37,438 0
Principal payment of finance lease obligation (163) (114)
Proceeds from exercise of stock options 2,670 2,384
Net cash provided by financing activities 39,945 2,270
Effect of exchange rate changes on cash, cash equivalents and restricted cash 4,351 516
Net decrease in cash, cash equivalents and restricted cash (17,018) (22,549)
Cash, cash equivalents and restricted cash at beginning of period 107,584 184,154
Cash, cash equivalents and restricted cash at end of period 90,566 161,605
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable $ 96 $ 177