Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.25.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Mar. 31, 2024
Current assets    
Cash and cash equivalents $ 35,314 $ 33,605
Accounts receivable, net 199,511 191,015
Prepaid expenses 6,877 7,704
Other current assets 12,418 10,017
Total current assets 254,120 242,341
Property and equipment, net 49,625 45,782
Right-of-use assets 10,631 9,127
Intangible assets, net 270,262 313,505
Goodwill 221,080 220,072
Other non-current assets 33,992 34,713
TOTAL ASSETS 839,710 865,540
Current liabilities    
Accounts payable 147,732 159,200
Accrued revenue share 34,296 33,934
Accrued compensation 8,475 7,209
Acquisition purchase price liabilities 1,903 0
Other current liabilities 47,831 35,681
Total current liabilities 240,237 236,024
Long-term debt, net of debt issuance costs 408,154 383,490
Deferred tax liabilities, net 14,903 20,424
Other non-current liabilities 12,853 11,670
Total liabilities 676,147 651,608
Commitments and contingencies (Note 16)
Stockholders’ equity    
Preferred stock 100 100
Common stock 10 10
Additional paid-in capital 884,270 858,191
Treasury stock (758,125 shares at December 31, 2024, and March 31, 2024) (71) (71)
Accumulated other comprehensive loss (52,130) (48,955)
Accumulated deficit (668,616) (595,343)
Total stockholders’ equity 163,563 213,932
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 839,710 $ 865,540