Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands |
Total |
Common Stock |
Preferred Stock |
Treasury Stock |
Additional Paid-In Capital |
Accumulated Other Comprehensive Loss |
Accumulated Deficit |
Non-Controlling Interest |
| Beginning balance, common (in shares) at Mar. 31, 2023 |
|
99,458,369
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2023 |
$ 607,255
|
$ 10
|
$ 100
|
$ (71)
|
$ 822,217
|
$ (41,945)
|
$ (175,115)
|
$ 2,059
|
| Beginning balance, preferred (in shares) at Mar. 31, 2023 |
|
|
100,000
|
|
|
|
|
|
| Beginning balance, treasury (in shares) at Mar. 31, 2023 |
|
|
|
758,125
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net (loss) income |
(8,399)
|
|
|
|
|
|
(8,179)
|
(220)
|
| Foreign currency translation |
(6,107)
|
|
|
|
|
(6,846)
|
|
739
|
| Stock-based compensation expense |
10,017
|
|
|
|
10,017
|
|
|
|
| Shares issued: |
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
378,507
|
|
|
|
|
|
|
| Exercise of stock options |
731
|
|
|
|
731
|
|
|
|
| Issuance of restricted shares and vesting of restricted units (in shares) |
|
449,781
|
|
|
|
|
|
|
| Acquisition of non-controlling interests in Fyber |
(3,751)
|
|
|
|
(1,173)
|
|
|
(2,578)
|
| Payment of withholding taxes related to the net share settlement of equity awards |
(931)
|
|
|
|
(931)
|
|
|
|
| Ending balance, common (in shares) at Jun. 30, 2023 |
|
100,286,657
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2023 |
598,815
|
$ 10
|
$ 100
|
$ (71)
|
830,861
|
(48,791)
|
(183,294)
|
0
|
| Ending balance, preferred (in shares) at Jun. 30, 2023 |
|
|
100,000
|
|
|
|
|
|
| Ending balance, treasury (in shares) at Jun. 30, 2023 |
|
|
|
758,125
|
|
|
|
|
| Beginning balance, common (in shares) at Mar. 31, 2023 |
|
99,458,369
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2023 |
607,255
|
$ 10
|
$ 100
|
$ (71)
|
822,217
|
(41,945)
|
(175,115)
|
2,059
|
| Beginning balance, preferred (in shares) at Mar. 31, 2023 |
|
|
100,000
|
|
|
|
|
|
| Beginning balance, treasury (in shares) at Mar. 31, 2023 |
|
|
|
758,125
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net (loss) income |
(183,942)
|
|
|
|
|
|
|
|
| Foreign currency translation |
(3,809)
|
|
|
|
|
|
|
|
| Ending balance, common (in shares) at Dec. 31, 2023 |
|
101,696,143
|
|
|
|
|
|
|
| Ending balance at Dec. 31, 2023 |
445,698
|
$ 10
|
$ 100
|
$ (71)
|
850,989
|
(46,493)
|
(358,837)
|
0
|
| Ending balance, preferred (in shares) at Dec. 31, 2023 |
|
|
100,000
|
|
|
|
|
|
| Ending balance, treasury (in shares) at Dec. 31, 2023 |
|
|
|
758,125
|
|
|
|
|
| Beginning balance, common (in shares) at Jun. 30, 2023 |
|
100,286,657
|
|
|
|
|
|
|
| Beginning balance at Jun. 30, 2023 |
598,815
|
$ 10
|
$ 100
|
$ (71)
|
830,861
|
(48,791)
|
(183,294)
|
0
|
| Beginning balance, preferred (in shares) at Jun. 30, 2023 |
|
|
100,000
|
|
|
|
|
|
| Beginning balance, treasury (in shares) at Jun. 30, 2023 |
|
|
|
758,125
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net (loss) income |
(161,482)
|
|
|
|
|
|
(161,482)
|
|
| Foreign currency translation |
(1,287)
|
|
|
|
|
(1,287)
|
|
|
| Stock-based compensation expense |
9,924
|
|
|
|
9,924
|
|
|
|
| Shares issued: |
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
575,599
|
|
|
|
|
|
|
| Exercise of stock options |
1,998
|
|
|
|
1,998
|
|
|
|
| Issuance of restricted shares and vesting of restricted units (in shares) |
|
226,890
|
|
|
|
|
|
|
| Payment of withholding taxes related to the net share settlement of equity awards |
(106)
|
|
|
|
(106)
|
|
|
|
| Ending balance, common (in shares) at Sep. 30, 2023 |
|
101,089,146
|
|
|
|
|
|
|
| Ending balance at Sep. 30, 2023 |
447,862
|
$ 10
|
$ 100
|
$ (71)
|
842,677
|
(50,078)
|
(344,776)
|
0
|
| Ending balance, preferred (in shares) at Sep. 30, 2023 |
|
|
100,000
|
|
|
|
|
|
| Ending balance, treasury (in shares) at Sep. 30, 2023 |
|
|
|
758,125
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net (loss) income |
(14,061)
|
|
|
|
|
|
(14,061)
|
0
|
| Foreign currency translation |
3,585
|
|
|
|
|
3,585
|
|
0
|
| Stock-based compensation expense |
8,395
|
|
|
|
8,395
|
|
|
|
| Shares issued: |
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
29,225
|
|
|
|
|
|
|
| Exercise of stock options |
57
|
|
|
|
57
|
|
|
|
| Issuance of restricted shares and vesting of restricted units (in shares) |
|
577,772
|
|
|
|
|
|
|
| Payment of withholding taxes related to the net share settlement of equity awards |
(140)
|
|
|
|
(140)
|
|
|
|
| Ending balance, common (in shares) at Dec. 31, 2023 |
|
101,696,143
|
|
|
|
|
|
|
| Ending balance at Dec. 31, 2023 |
$ 445,698
|
$ 10
|
$ 100
|
$ (71)
|
850,989
|
(46,493)
|
(358,837)
|
$ 0
|
| Ending balance, preferred (in shares) at Dec. 31, 2023 |
|
|
100,000
|
|
|
|
|
|
| Ending balance, treasury (in shares) at Dec. 31, 2023 |
|
|
|
758,125
|
|
|
|
|
| Beginning balance, common (in shares) at Mar. 31, 2024 |
102,118,932
|
102,118,932
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2024 |
$ 213,932
|
$ 10
|
$ 100
|
$ (71)
|
858,191
|
(48,955)
|
(595,343)
|
|
| Beginning balance, preferred (in shares) at Mar. 31, 2024 |
100,000
|
|
100,000
|
|
|
|
|
|
| Beginning balance, treasury (in shares) at Mar. 31, 2024 |
758,125
|
|
|
758,125
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net (loss) income |
$ (25,156)
|
|
|
|
|
|
(25,156)
|
|
| Foreign currency translation |
(1,213)
|
|
|
|
|
(1,213)
|
|
|
| Stock-based compensation expense |
8,424
|
|
|
|
8,424
|
|
|
|
| Shares issued: |
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
8,599
|
|
|
|
|
|
|
| Exercise of stock options |
14
|
|
|
|
14
|
|
|
|
| Issuance of restricted shares and vesting of restricted units (in shares) |
|
390,752
|
|
|
|
|
|
|
| Payment of withholding taxes related to the net share settlement of equity awards |
(48)
|
|
|
|
(48)
|
|
|
|
| Ending balance, common (in shares) at Jun. 30, 2024 |
|
102,518,283
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2024 |
$ 195,953
|
$ 10
|
$ 100
|
$ (71)
|
866,581
|
(50,168)
|
(620,499)
|
|
| Ending balance, preferred (in shares) at Jun. 30, 2024 |
|
|
100,000
|
|
|
|
|
|
| Ending balance, treasury (in shares) at Jun. 30, 2024 |
|
|
|
758,125
|
|
|
|
|
| Beginning balance, common (in shares) at Mar. 31, 2024 |
102,118,932
|
102,118,932
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2024 |
$ 213,932
|
$ 10
|
$ 100
|
$ (71)
|
858,191
|
(48,955)
|
(595,343)
|
|
| Beginning balance, preferred (in shares) at Mar. 31, 2024 |
100,000
|
|
100,000
|
|
|
|
|
|
| Beginning balance, treasury (in shares) at Mar. 31, 2024 |
758,125
|
|
|
758,125
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net (loss) income |
$ (73,273)
|
|
|
|
|
|
|
|
| Foreign currency translation |
$ (3,175)
|
|
|
|
|
|
|
|
| Shares issued: |
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
19,849
|
|
|
|
|
|
|
|
| Ending balance, common (in shares) at Dec. 31, 2024 |
104,834,978
|
104,834,978
|
|
|
|
|
|
|
| Ending balance at Dec. 31, 2024 |
$ 163,563
|
$ 10
|
$ 100
|
$ (71)
|
884,270
|
(52,130)
|
(668,616)
|
|
| Ending balance, preferred (in shares) at Dec. 31, 2024 |
100,000
|
|
100,000
|
|
|
|
|
|
| Ending balance, treasury (in shares) at Dec. 31, 2024 |
758,125
|
|
|
758,125
|
|
|
|
|
| Beginning balance, common (in shares) at Jun. 30, 2024 |
|
102,518,283
|
|
|
|
|
|
|
| Beginning balance at Jun. 30, 2024 |
$ 195,953
|
$ 10
|
$ 100
|
$ (71)
|
866,581
|
(50,168)
|
(620,499)
|
|
| Beginning balance, preferred (in shares) at Jun. 30, 2024 |
|
|
100,000
|
|
|
|
|
|
| Beginning balance, treasury (in shares) at Jun. 30, 2024 |
|
|
|
758,125
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net (loss) income |
(24,986)
|
|
|
|
|
|
(24,986)
|
|
| Foreign currency translation |
2,157
|
|
|
|
|
2,157
|
|
|
| Stock-based compensation expense |
9,279
|
|
|
|
9,279
|
|
|
|
| Shares issued: |
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
1,667
|
|
|
|
|
|
|
| Exercise of stock options |
79
|
|
|
|
79
|
|
|
|
| Issuance of restricted shares and vesting of restricted units (in shares) |
|
1,001,502
|
|
|
|
|
|
|
| Payment of withholding taxes related to the net share settlement of equity awards |
(112)
|
|
|
|
(112)
|
|
|
|
| Ending balance, common (in shares) at Sep. 30, 2024 |
|
103,521,452
|
|
|
|
|
|
|
| Ending balance at Sep. 30, 2024 |
182,370
|
$ 10
|
$ 100
|
$ (71)
|
875,827
|
(48,011)
|
(645,485)
|
|
| Ending balance, preferred (in shares) at Sep. 30, 2024 |
|
|
100,000
|
|
|
|
|
|
| Ending balance, treasury (in shares) at Sep. 30, 2024 |
|
|
|
758,125
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net (loss) income |
(23,131)
|
|
|
|
|
|
(23,131)
|
|
| Foreign currency translation |
(4,119)
|
|
|
|
|
(4,119)
|
|
|
| Stock-based compensation expense |
8,504
|
|
|
|
8,504
|
|
|
|
| Shares issued: |
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
9,537
|
|
|
|
|
|
|
| Exercise of stock options |
10
|
|
|
|
10
|
|
|
|
| Issuance of restricted shares and vesting of restricted units (in shares) |
|
1,303,989
|
|
|
|
|
|
|
| Payment of withholding taxes related to the net share settlement of equity awards |
$ (71)
|
|
|
|
(71)
|
|
|
|
| Ending balance, common (in shares) at Dec. 31, 2024 |
104,834,978
|
104,834,978
|
|
|
|
|
|
|
| Ending balance at Dec. 31, 2024 |
$ 163,563
|
$ 10
|
$ 100
|
$ (71)
|
$ 884,270
|
$ (52,130)
|
$ (668,616)
|
|
| Ending balance, preferred (in shares) at Dec. 31, 2024 |
100,000
|
|
100,000
|
|
|
|
|
|
| Ending balance, treasury (in shares) at Dec. 31, 2024 |
758,125
|
|
|
758,125
|
|
|
|
|