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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Mar. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 199,397 $ 38,278
Accounts receivable—net 9,752 8,927
Prepaid expenses and other current assets 5,878 7,409
Inventory 153,115 77,454
Total current assets 368,142 132,068
PROPERTY AND EQUIPMENT—NET 28,128 13,465
INTANGIBLE ASSETS—NET 3,837 2,070
OPERATING LEASE RIGHT-OF-USE ASSETS 29,552 0
OTHER NONCURRENT ASSETS 4,402 3,260
TOTAL ASSETS 434,061 150,863
CURRENT LIABILITIES:    
Accounts payable 36,834 50,501
Operating lease liabilities, current 5,060 0
Accrued and other current liabilities 35,168 44,605
Deferred revenue 31,549 27,177
Total current liabilities 108,611 122,283
LONG-TERM DEBT 76,190 115,729
OPERATING LEASE LIABILITIES 28,847 0
OTHER LONG-TERM LIABILITIES 3,352 11,834
Total liabilities 217,000 249,846
COMMITMENTS AND CONTINGENCIES
REDEEMABLE CONVERTIBLE PREFERRED STOCK:    
Redeemable convertible preferred stock 0 59,987
STOCKHOLDERS’ EQUITY (DEFICIT):    
Common stock, par value $0.0001 per share—500,000,000 shares authorized; 175,290,143 shares issued and outstanding as of March 31, 2022 and 148,622,942 shares authorized; 48,071,777 shares issued and outstanding as of March 31, 2021. 1 0
Additional paid-in capital 465,313 20,984
Accumulated deficit (248,253) (179,954)
Total stockholders’ equity (deficit) 217,061 (158,970)
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) 434,061 150,863
Convertible Redeemable Preferred Stock    
REDEEMABLE CONVERTIBLE PREFERRED STOCK:    
Redeemable convertible preferred stock $ 0 $ 59,987