v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:      
Net loss $ 1,648 $ (27,212) $ (67,592)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 6,609 7,387 8,301
Amortization of intangible assets 14,203 19,104 20,395
Amortization of capitalized internal-use software costs 11,456 12,729 18,486
Amortization of debt discount and issuance costs 1,369 2,466 4,472
Amortization of deferred contract acquisition costs 33,082 37,977 40,181
Allowance for credit losses (438) 1,843 2,236
Operating lease expense, net of accretion 10,868 11,631 10,934
Impairment of right-of-use assets 0 0 11,034
Stock-based compensation expense 20,370 39,940 61,910
Loss on debt extinguishment 147 12,325 1,766
Gain on remeasurement of warrants (864) (2,225) (2,176)
Loss on disposal of assets 0 0 179
Other (185) (346) 680
Changes in assets and liabilities:      
Accounts receivable, net (5,771) 7,845 753
Deferred contract acquisition costs (17,108) (23,988) (22,879)
Other current and non-current assets (450) (7,617) (2,348)
Accounts payable and accrued liabilities (17,357) (24,810) (4,182)
Deferred revenue (1,793) (3,495) (3,165)
Net cash provided by operating activities 55,786 63,554 78,985
Cash flows from investing activities:      
Purchases of property and equipment (3,675) (2,401) (2,650)
Capitalized internal-use software costs (12,302) (11,066) (14,289)
Purchases of investments 0 0 (6,174)
Purchase of cost investment 0 (771) 0
Maturities of investments 0 1,048 31,659
Business combination, net of cash acquired (4,757) (3,234) 0
Net cash provided by (used in) investing activities (20,734) (16,424) 8,546
Cash flows from financing activities:      
Proceeds from issuance of common stock under employee stock plans 2,829 3,692 4,884
Repurchase of common stock (1,848) 0 0
Payments for debt issuance and amendment costs (70) (1,517) 0
Repayment of principal on term loan (30,000) (273,000) (25,000)
Gross proceeds from term loan 0 200,000 0
Repayment and exchange of convertible notes 0 0 (63,295)
Other financing activities (1,351) (4,281) 0
Net cash used in financing activities (30,440) (75,106) (83,411)
Effect of exchange rate changes on cash 1,026 577 (126)
Net increase (decrease) in cash and cash equivalents 5,638 (27,399) 3,994
Cash, cash equivalents and restricted cash, beginning of year 89,324 116,723 112,729
Cash, cash equivalents and restricted cash, end of year 94,962 89,324 116,723
Supplemental and non-cash disclosures:      
Interest paid 17,322 26,297 35,574
Income taxes paid 2,400 3,767 5,974
Payables and accruals for property and equipment 16 132 3,868
Issuance of common stock for business combinations $ 0 $ 544 $ 0