v3.26.1
SEGMENTS (Tables)
12 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Segment information is as follows (in thousands):
Fiscal Year Ended March 31
2026
2025
2024
Direct to Consumer:
Revenue$324,927 $415,837 $436,446 
Cost of revenue111,186 145,011 157,578 
Gross profit213,741 270,826 278,868 
Commerce:
Revenue69,916 68,345 53,738 
Cost of revenue41,772 37,183 30,454 
Gross profit28,144 31,162 23,284 
Consolidated:
Revenue394,843 484,182 490,184 
Cost of revenue152,958 182,194 188,032 
Gross profit$241,885 $301,988 $302,152 
Reconciliation:
Fiscal Year Ended March 31
2026
2025
2024
Total gross profit$241,885 $301,988 $302,152 
Less:
Advertising and marketing expenses59,213 83,756 79,282 
General and administrative expenses222,850 253,380 268,390 
Loss from operations(40,178)(35,148)(45,520)
Less:
Interest income1,880 4,926 7,533 
Interest expense(1,856)(2,788)(4,351)
Other income - net1,146 132 5,328 
Net loss before income taxes$(39,008)$(32,878)$(37,010)