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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 163,923 $ 177,911
Accounts receivable—net 5,128 6,554
Prepaid expenses and other current assets 5,153 3,552
Inventory 112,465 124,336
Total current assets 286,669 312,353
PROPERTY AND EQUIPMENT—NET 38,366 39,851
INTANGIBLE ASSETS—NET 5,582 4,090
OPERATING LEASE RIGHT-OF-USE ASSETS 35,820 36,892
OTHER NONCURRENT ASSETS 7,416 7,234
TOTAL ASSETS 373,853 400,420
CURRENT LIABILITIES:    
Accounts payable 19,548 34,370
Operating lease liabilities, current 5,136 5,484
Accrued and other current liabilities 29,564 31,975
Deferred revenue 26,345 27,772
Total current liabilities 80,593 99,601
LONG-TERM DEBT 81,406 81,221
OPERATING LEASE LIABILITIES 46,672 47,240
OTHER LONG-TERM LIABILITIES 3,244 1,821
Total liabilities 211,915 229,883
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share—500,000,000 shares authorized; 178,760,600 shares issued and outstanding as of June 30, 2023 and 500,000,000 shares authorized; 177,647,754 shares issued and outstanding as of March 31, 2023. 1 1
Additional paid-in capital 483,432 480,370
Accumulated deficit (321,495) (309,834)
Total stockholders’ equity 161,938 170,537
TOTAL LIABILITIES, AND STOCKHOLDERS’ EQUITY $ 373,853 $ 400,420