Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.22.1
Debt (Tables)
 12 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes borrowings under the Company's debt obligations and the associated interest rates:
March 31, 2022
Balance Interest Rate Unused Line Fee
BoA Revolver (subject to variable rate) $ 524,134  2.41  % 0.20  %
Fyber - Bank Leumi (subject to variable rate) $ 12,500  6.10  % 0.60  %
Debt obligations on the consolidated balance sheets consist of the following:
March 31, 2022 March 31, 2021
Revolver $ 524,134  $ 15,000 
Less: Debt issuance costs (3,349) (443)
Debt assumed through Fyber Acquisition 12,500  — 
Total debt, net 533,285  14,557 
Less: Current portion of debt (12,500) (14,557)
Non-current debt $ 520,785  $ — 
Interest income / (expense), net, amortization of debt issuance costs, and unused line of credit fees were recorded in interest and other income / (expense), net, on the consolidated statements of operations and comprehensive income / (loss), as follows:
Year ended March 31,
2022 2021 2020
Interest income / (expense), net $ (7,571) $ (1,003) $ 35 
Amortization of debt issuance costs (715) —  6 
Unused line of credit fees and other (209) —  — 
Total interest income / (expense), net $ (8,495) $ (1,003) $ 41