Digital Turbine, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Accounts Receivable

Accounts Receivable

12 Months Ended

Mar. 31, 2024


	March 31, 2024		March 31, 2023

Billed	$	136,604	$	136,921
Unbilled	64,117		51,474
Allowance for credit losses	(9,706)		(10,206)
Accounts receivable, net	$	191,015	$	178,189

Billed accounts receivable represent amounts billed to customers for which the Company has an

unconditional right to consideration. Unbilled accounts receivable represent revenue recognized but billed after period-end. All unbilled receivables as of March 31, 2024 are expected to be billed and collected (subject to the allowance for credit losses) within twelve months.

Allowance for Credit Losses

The Company maintains reserves for current expected credit losses on accounts receivable. Management reviews the composition of accounts receivable and analyzes historical bad debts, customer concentrations, current economic trends, and changes in customer payment patterns to evaluate the adequacy of these reserves.

Changes in the allowance for credit losses on trade receivables were as follows:


	Year ended March 31,
	2024	2023
Balance, beginning of period	10,206	8,393
Provision for credit losses	3,202	3,342
Write-offs, net of recoveries	(3,702)	(1,529)
Balance, end of period	9,706	10,206

The Company recorded $3,202, $3,342, and $1,583 of credit loss expense during the years ended March 31, 2024, 2023, and 2022, respectively, in general and administrative expenses on the consolidated statements of operations and comprehensive (loss) income.