v3.24.0.1
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]        
Net revenue $ 142,634,000 $ 162,310,000 $ 432,259,000 $ 525,802,000
Costs of revenue and operating expenses        
Revenue share 70,364,000 73,370,000 208,675,000 237,618,000
Other direct costs of revenue 8,614,000 9,324,000 27,244,000 27,438,000
Product development 13,036,000 14,218,000 42,873,000 43,087,000
Sales and marketing 14,432,000 16,469,000 45,546,000 48,017,000
General and administrative 45,455,000 39,132,000 127,339,000 114,328,000
Impairment of goodwill 0 0 147,181,000 0
Total costs of revenue and operating expenses 151,901,000 152,513,000 598,858,000 470,488,000
(Loss) income from operations (9,267,000) 9,797,000 (166,599,000) 55,314,000
Interest and other income (expense), net        
Change in fair value of contingent consideration 0 0 372,000 0
Interest expense, net (7,666,000) (6,913,000) (22,900,000) (16,224,000)
Foreign exchange transaction (loss) gain 338,000 17,000 155,000 (595,000)
Other income / (expense), net (311,000) 8,000 (67,000) 392,000
Total interest and other expense, net (7,639,000) (6,888,000) (22,440,000) (16,427,000)
(Loss) income before income taxes (16,906,000) 2,909,000 (189,039,000) 38,887,000
Income tax (benefit) provision (2,845,000) (1,153,000) (5,097,000) 8,164,000
Net (loss) income (14,061,000) 4,062,000 (183,942,000) 30,723,000
Less: net (loss) income attributable to non-controlling interest 0 43,000 (220,000) 118,000
Net (loss) income attributable to Digital Turbine, Inc. (14,061,000) 4,019,000 (183,722,000) 30,605,000
Other comprehensive loss        
Foreign currency translation adjustment 3,585,000 10,144,000 (3,809,000) (4,644,000)
Comprehensive (loss) income (10,476,000) 14,206,000 (187,751,000) 26,079,000
Less: comprehensive income attributable to non-controlling interest 0 59,000 519,000 334,000
Comprehensive (loss) income attributable to Digital Turbine, Inc. $ (10,476,000) $ 14,147,000 $ (188,270,000) $ 25,745,000
Net (loss) income per common share, basic (in dollars per share) $ (0.14) $ 0.04 $ (1.83) $ 0.31
Net (loss) income per common share, diluted (in dollars per share) $ (0.14) $ 0.04 $ (1.83) $ 0.30
Weighted-average common shares outstanding        
Basic (in shares) 101,376 99,108 100,643 98,623
Diluted (in shares) 101,376 103,348 100,643 103,674

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