Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited)

v3.25.0.1
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
shares in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Net revenue $ 134,637,000 $ 142,634,000 $ 371,354,000 $ 432,259,000
Costs of revenue and operating expenses        
Revenue share 69,947,000 70,364,000 182,092,000 208,675,000
Other direct costs of revenue 8,954,000 8,614,000 25,182,000 27,244,000
Product development 10,203,000 13,036,000 30,350,000 42,873,000
Sales and marketing 15,494,000 14,432,000 47,628,000 45,546,000
General and administrative 42,792,000 45,455,000 128,485,000 127,339,000
Impairment of goodwill 0 0 0 147,181,000
Total costs of revenue and operating expenses 147,390,000 151,901,000 413,737,000 598,858,000
Loss from operations (12,753,000) (9,267,000) (42,383,000) (166,599,000)
Interest and other income (expense), net        
Change in fair value of contingent consideration (500,000) 0 (300,000) 372,000
Interest expense, net (8,446,000) (7,666,000) (25,928,000) (22,900,000)
Foreign exchange transaction gain 1,037,000 338,000 879,000 155,000
Other income (expense), net (57,000) (311,000) 21,000 (67,000)
Total interest and other income (expense), net (7,966,000) (7,639,000) (25,328,000) (22,440,000)
Loss before income taxes (20,719,000) (16,906,000) (67,711,000) (189,039,000)
Income tax provision (benefit) 2,412,000 (2,845,000) 5,562,000 (5,097,000)
Net loss (23,131,000) (14,061,000) (73,273,000) (183,942,000)
Less: net loss attributable to non-controlling interest 0 0 0 (220,000)
Net loss attributable to Digital Turbine, Inc. (23,131,000) (14,061,000) (73,273,000) (183,722,000)
Other comprehensive loss        
Foreign currency translation gain (loss) (4,119,000) 3,585,000 (3,175,000) (3,809,000)
Comprehensive loss (27,250,000) (10,476,000) (76,448,000) (187,751,000)
Less: comprehensive income attributable to non-controlling interest 0 0 0 519,000
Comprehensive loss attributable to Digital Turbine, Inc. $ (27,250,000) $ (10,476,000) $ (76,448,000) $ (188,270,000)
Net loss per common share        
Basic (in dollars per share) $ (0.22) $ (0.14) $ (0.71) $ (1.83)
Diluted (in dollars per share) $ (0.22) $ (0.14) $ (0.71) $ (1.83)
Weighted-average common shares outstanding        
Basic (in shares) 104,148 101,376 103,201 100,643
Diluted (in shares) 104,148 101,376 103,201 100,643