Digital Turbine (APPS) - Financial Balance Sheet

v3.24.0.1

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Current assets
Cash and cash equivalents	$ 48,959	$ 75,058
Restricted cash	506	500
Accounts receivable, net	217,239	178,189
Prepaid expenses and other current assets	20,586	12,319
Total current assets	287,290	266,066
Property and equipment, net	43,598	39,327
Right-of-use assets	9,594	10,073
Intangible assets, net	330,531	379,632
Goodwill	411,055	561,576
Other non-current assets	24,567	9,882
TOTAL ASSETS	1,106,635	1,266,556
Current liabilities
Accounts payable	159,525	119,338
Accrued revenue share	66,161	69,221
Accrued compensation	7,523	10,984
Other current liabilities	35,447	21,377
Total current liabilities	268,656	220,920
Long-term debt, net of debt issuance costs	374,034	410,522
Deferred tax liabilities, net	4,664	13,940
Other non-current liabilities	13,583	13,919
Total liabilities	660,937	659,301
Commitments and contingencies
Stockholders’ equity
Preferred stock	100	100
Common stock	10	10
Additional paid-in capital	850,989	822,217
Treasury stock (758,125 shares at December 31, 2023, and March 31, 2023)	(71)	(71)
Accumulated other comprehensive loss	(46,493)	(41,945)
Accumulated deficit	(358,837)	(175,115)
Total stockholders’ equity	445,698	605,196
Non-controlling interest	0	2,059
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,106,635	$ 1,266,556

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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