v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]    
Net revenues [1] $ 212,615 $ 59,012
Costs of revenues and operating expenses    
License fees and revenue share [1] 138,348 32,300
Other direct costs of revenues [1] 2,533 560
Product development [1] 15,547 4,408
Sales and marketing [1] 13,736 4,318
General and administrative [1] 23,296 6,804
Restructuring and impairment costs [1] 10 0
Total costs of revenues and operating expenses [1] 193,470 48,390
Income from operations [1] 19,145 10,622
Interest and other income / (expense), net    
Interest expense, net [1] (1,157) (306)
Foreign exchange transaction loss [1] (270) 0
Other income / (expense), net [1] (35) 0
Total interest and other income / (expense), net [1] (1,462) (306)
Income before income taxes [1] 17,683 10,316
Income tax provision [1] 3,430 376
Net income 14,253 [1] 9,940 [2]
Less: net loss attributable to non-controlling interest [1] (31) 0
Net income attributable to Digital Turbine, Inc. [1] 14,284 9,940
Other comprehensive loss    
Foreign currency translation adjustment (20,781) [1] (142) [2]
Comprehensive income / (loss) [1] (6,528) 9,798
Less: comprehensive income / (loss) attributable to non-controlling interest [1] (793) 0
Comprehensive income / (loss) attributable to Digital Turbine, Inc. [1] $ (5,735) $ 9,798
Net income per common share    
Basic (in dollars per share) [1] $ 0.16 $ 0.11
Diluted (in dollars per share) [1] $ 0.14 $ 0.11
Weighted-average common shares outstanding    
Basic (in shares) [1] 91,585 87,386
Diluted (in shares) [1] 98,822 93,108
[1] In the quarter ending June 30, 2021, the Company initiated two significant acquisitions. Please refer to Note 3 in the accompanying condensed consolidated financial statements.
[2] In the quarter ending June 30, 2021, the Company initiated two significant acquisitions. Please refer to Note 3 in the accompanying condensed consolidated financial statements.

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