v3.25.1
ACQUISITIONS (Tables)
12 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The acquisition-date fair value of the consideration totaled $410.4, which consisted of the following:
Fair value of purchase consideration
Common stock (2.8 shares)
448.6 
Deferred payment1.0 
Settlement of pre-existing relationship(14.6)
Transaction bonus(24.6)
Total$410.4 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the preliminary acquisition date fair value of net tangible and intangible assets acquired, net of liabilities assumed from Gearbox:
Fair ValueWeighted average useful life
Cash acquired$9.5 N/A
Other tangible assets159.7 N/A
Other liabilities assumed(155.7)N/A
Intangible assets
Intellectual property79.0 14
Developed game technology72.0 2
Games in development36.0 N/A
Game engine technology9.0 2
Branding and trade names8.0 7
Goodwill192.9 N/A
Total$410.4 
Business Acquisition, Pro Forma Information
The amounts of revenue and earnings of Gearbox included in our Consolidated Statements of Operations from the acquisition date are as follows:
Fiscal year ended March 31, 2025
Net revenue$23.8 
Net loss(98.4)