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Net Loss Per Share | 12 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Net Loss Per Share | Net Loss Per Share The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net loss per share (in thousands, except per share data):
| For the years ended March 31,
| 2025 |  | 2024 |  | 2023
Net loss | $ | (27,212) |  |  | $ | (67,592) |  |  | $ | (73,143) |
Weighted average common shares outstanding - basic and diluted | 129,767 |  |  | 121,106 |  |  | 115,959 |
Net loss per share - basic and diluted | $ | (0.21) |  |  | $ | (0.56) |  |  | $ | (0.63) |
As the Company was in a loss position for all periods presented, basic net loss per share is equivalent to diluted net loss per share for all periods, as the inclusion of all potential shares of common stock outstanding would have been anti-dilutive. The following potentially weighted-average common shares were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive (shares in thousands):
| For the years ended March 31,
| 2025 |  | 2024 |  | 2023
Stock options | 276 |  |  | 497 |  |  | 685 |
Restricted stock units and Performance stock units | 2,418 |  |  | 7,396 |  |  | 13,617 |
Potential shares attributable to the ESPP | 2,944 |  |  | 1,446 |  |  | 1,261 |
Warrants to purchase common stock | — |  |  | — |  |  | 3,100 |
Total anti-dilutive shares | 5,638 |  |  | 9,339 |  |  | 18,663 |

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