v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Mar. 31, 2024
Current assets    
Cash, cash equivalents, and restricted cash $ 40,084 $ 33,605
Accounts receivable, net 181,770 191,015
Prepaid expenses 6,923 7,704
Value-added tax receivable 8,291 4,728
Other current assets 5,711 5,289
Total current assets 242,779 242,341
Property and equipment, net 46,966 45,782
Right-of-use assets 9,924 9,127
Intangible assets, net 257,697 313,505
Goodwill 221,741 220,072
Other non-current assets 33,747 34,713
TOTAL ASSETS 812,854 865,540
Current liabilities    
Accounts payable 139,944 159,200
Accrued revenue share 35,264 33,934
Accrued compensation 7,503 7,209
Acquisition purchase price liabilities 1,697 0
Other current liabilities 38,118 35,681
Total current liabilities 222,526 236,024
Long-term debt, net of debt issuance costs 408,687 383,490
Deferred tax liabilities, net 16,308 20,424
Other non-current liabilities 11,375 11,670
Total liabilities 658,896 651,608
Commitments and contingencies (Note 17)
Stockholders’ equity    
Preferred stock 100 100
Common stock 10 10
Additional paid-in capital 892,665 858,191
Treasury stock (758,125 shares at March 31, 2025, and March 31, 2024) (71) (71)
Accumulated other comprehensive loss (51,304) (48,955)
Accumulated deficit (687,442) (595,343)
Total stockholders’ equity 153,958 213,932
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 812,854 $ 865,540