Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Current assets    
Cash and cash equivalents $ 35,729 $ 33,605
Accounts receivable, net 198,035 191,015
Prepaid expenses 6,879 7,704
Other current assets 12,045 10,017
Total current assets 252,688 242,341
Property and equipment, net 46,375 45,782
Right-of-use assets 8,669 9,127
Intangible assets, net 298,064 313,505
Goodwill 219,882 220,072
Other non-current assets 34,519 34,713
TOTAL ASSETS 860,197 865,540
Current liabilities    
Accounts payable 170,910 159,200
Accrued revenue share 26,322 33,934
Accrued compensation 6,897 7,209
Other current liabilities 36,246 35,681
Total current liabilities 240,375 236,024
Long-term debt, net of debt issuance costs 393,791 383,490
Deferred tax liabilities, net 18,316 20,424
Other non-current liabilities 11,762 11,670
Total liabilities 664,244 651,608
Commitments and contingencies (Note 14)
Stockholders’ equity    
Preferred stock 100 100
Common stock 10 10
Additional paid-in capital 866,581 858,191
Treasury stock (758,125 shares at June 30, 2024, and March 31, 2024) (71) (71)
Accumulated other comprehensive loss (50,168) (48,955)
Accumulated deficit (620,499) (595,343)
Total stockholders’ equity 195,953 213,932
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 860,197 $ 865,540