v3.25.4
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Mar. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 21,683 $ 94,022
Accounts receivable—net 12,126 9,453
Prepaid expenses and other current assets 12,708 10,036
Inventory 91,361 88,126
Total current assets 137,878 201,637
PROPERTY AND EQUIPMENT—NET 18,874 21,475
INTANGIBLE ASSETS—NET 1,768 5,426
OPERATING LEASE RIGHT-OF-USE ASSETS 25,133 28,277
OTHER NONCURRENT ASSETS 5,017 3,820
TOTAL ASSETS 188,670 260,635
CURRENT LIABILITIES:    
Accounts payable 22,444 20,364
Operating lease liabilities, current 5,380 5,798
Accrued and other current liabilities 24,373 34,054
Deferred revenue 22,162 21,251
Current portion of long-term debt 0 42,573
Total current liabilities 74,359 124,040
OPERATING LEASE LIABILITIES 32,926 36,802
OTHER LONG-TERM LIABILITIES 140 267
Total liabilities 107,425 161,109
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share—500,000,000 shares authorized; 172,807,204 and 169,732,895 shares issued and outstanding 1 1
Treasury stock, at cost, 17,303,225 and 15,992,598 shares, respectively (26,500) (24,730)
Additional paid-in capital 513,964 504,022
Accumulated deficit (406,220) (379,767)
Total stockholders’ equity 81,245 99,526
TOTAL LIABILITIES, AND STOCKHOLDERS’ EQUITY $ 188,670 $ 260,635