v3.26.1
SEGMENT AND GEOGRAPHIC INFORMATION
12 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 20 – SEGMENT AND GEOGRAPHIC INFORMATION

The Company's operating segments are determined based on the units that constitute a business for which discrete financial information is available and for which operating results are regularly reviewed by the CODM. The Company's President and CEO is the CODM. Operating results are reviewed by the CODM primarily at the consolidated entity level for the purpose of making resource allocation decisions and for evaluating financial performance, primarily by monitoring actual results compared to forecasted results as well as by reviewing year-over-year results. The Company's CODM evaluates company-wide performance and determines allocation of resources based on multiple performance measures, including but not limited to net income (loss).

The Company has determined it operates as a single operating segment and has one reportable segment which includes product and service revenue related to the sale of enterprise observability, carrier service assurance, cybersecurity, and DDoS protection solutions. The Company's results for the one reportable segment are the same as presented in the Company's consolidated statements of operations and there is no expense information that is supplemental to those disclosed in these consolidated financial statements, which are regularly provided to the CODM. The measure of segment assets is reported on the Company's consolidated balance sheet as total assets. Segment asset information is not used by the CODM to allocate resources.

Geographic Information

The Company manages its business in the following geographic areas: United States, Europe, Asia and the rest of the world. The Company's policies mandate compliance with economic sanctions and export controls. Total revenue by geography is as follows (in thousands):

 

 

 

Fiscal Years Ended March 31,

 

 

 

2026

 

 

2025

 

 

2024

 

United States

 

$

474,359

 

 

$

465,470

 

 

$

470,338

 

Europe

 

 

158,766

 

 

 

156,715

 

 

 

146,915

 

Asia

 

 

63,075

 

 

 

63,624

 

 

 

65,396

 

Rest of the world

 

 

163,282

 

 

 

136,870

 

 

 

146,806

 

 

$

859,482

 

 

$

822,679

 

 

$

829,455

 

 

The United States revenue includes sales to resellers in the United States. These resellers fulfill customer orders and may subsequently ship the Company's products to international locations. Further, the Company determines the geography of its sales after considering where the contract originated. A majority of revenue attributable to locations outside of the United States is a result of export sales. Substantially all of the Company's identifiable assets are located in the United States.