Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT

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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Mar. 31, 2025   6,962      
Beginning balance at Mar. 31, 2025 $ (164,366) $ 70 $ 779,645 $ (942,471) $ (1,610)
Increase (Decrease) in Stockholders' Equity          
Net loss (17,206)     (17,206)  
Foreign currency translation adjustments, net of income taxes 722       722
Reclassification of loss on Convertible Note to loss on debt extinguishment 0        
Shares issued under employee incentive plans, net (in shares)   37      
Shares issued related to the SEPA, net of issuance costs (in shares)   6,320      
Shares issued related to the SEPA, net of issuance costs 66,993 $ 63 66,930    
Stock-based compensation (529)   (529)    
Ending balance (in shares) at Jun. 30, 2025   13,319      
Ending balance at Jun. 30, 2025 $ (114,386) $ 133 846,046 (959,677) (888)
Beginning balance (in shares) at Mar. 31, 2026 14,638 14,638      
Beginning balance at Mar. 31, 2026 $ (198,857) $ 146 853,974 (1,043,517) (9,460)
Increase (Decrease) in Stockholders' Equity          
Net loss (155,293)     (155,293)  
Foreign currency translation adjustments, net of income taxes (76)       (76)
Reclassification of loss on Convertible Note to loss on debt extinguishment 8,444       8,444
Shares issued related to private placement (in shares)   10,616      
Shares issued related to private placement, net of issuance costs 94,638 $ 106 94,532    
Shares issued under employee incentive plans, net (in shares)   16      
Shares issued related to the convertible note (in shares)   14,105      
Shares issued related to the convertible note 222,571 $ 141 222,430    
Stock-based compensation $ 748   748    
Ending balance (in shares) at Jun. 30, 2026 39,375 39,375      
Ending balance at Jun. 30, 2026 $ (27,825) $ 393 $ 1,171,684 $ (1,198,810) $ (1,092)