v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT) - USD ($)
shares in Thousands, $ in Thousands
Total
Series A preferred stock
Class A common stock
Class B common stock
Recent Financings
Settlement of Liability
Standby Equity Purchase Agreement
Preferred Stock
Series A preferred stock
Preferred Stock
Series B-1 preferred stock
Preferred Stock
Recent Financings
Series B-1 preferred stock
Common Stock
Class A common stock
Common Stock
Class B common stock
Common Stock
Settlement of Liability
Class A common stock
Common Stock
Standby Equity Purchase Agreement
Class A common stock
APIC
APIC
Recent Financings
APIC
Settlement of Liability
APIC
Standby Equity Purchase Agreement
Accumulated Deficit
Stock Receivable
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Noncontrolling Interest
Recent Financings
 [2]
Redeemable noncontrolling interests
Beginning balance, preferred (in shares) at Mar. 31, 2024 [1]               0 227                                
Beginning balance (in shares) at Mar. 31, 2024 [1]                     419 30                          
Beginning balance at Mar. 31, 2024 [1] $ (192,118)             $ 0 $ 0   $ 0 $ 0     $ 1,848,071       $ (2,059,214) $ (20,038) $ (3,444) $ 276 $ 42,231    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net income (loss) [1] (13,197)                                   51,162       (64,359)    
Recognition of share-based compensation cost [1] 5,649                           5,649                    
Noncontrolling interest reclass [1] (892)                                           (892)    
Issuance of stock (in shares) [1]                   136 45   48 490                      
Issuance of stock [1] 673       $ 1,362 $ 1,264 $ 7,859             $ 1 673 $ 1,362 $ 1,264 $ 7,858              
Unrealized gain (loss) on available-for-sale debt securities [1] (278)                                         (278)      
Rounding adjustment in connection with reverse stock split (in shares) [1]                     10                            
Settlement of restricted stock units (in shares) [1]                     51                            
Stock receivable on prepaid forward purchase [1] 0                   $ (3)       (20,038)         20,038          
Equity issuance costs reclassed to APIC [1] (343)                           (343)                    
Ending balance, preferred (in shares) at Mar. 31, 2025   0           0 [2] 363 [2]                                
Ending balance (in shares) at Mar. 31, 2025     1,059 30             1,060 [2] 30 [1]                          
Ending balance at Mar. 31, 2025 (34,925) [1],[3]             $ 0 [2] $ 0 [2]   $ 1 [1] $ 0 [1]     1,844,496 [1]       (2,008,052) [1] 0 [1] (3,444) [1] (2) [1] 132,076 [1]    
Beginning balance, redeemable noncontrolling interests at Mar. 31, 2024 [1]                                                 $ 251,052
Increase (Decrease) in Temporary Equity [Roll Forward]                                                  
Net income (loss) [1]                                                 12,394
Preferred A-0 Unit Accounts guaranteed payment accrual [1] (5,430)                                           (5,430)   (12,394)
Reclass of BCH Preferred A-1 Unit Accounts from temporary to permanent equity [1] 160,526                                           160,526   (160,526)
Ending balance, redeemable noncontrolling interests at Mar. 31, 2025 90,526 [3]                                               90,526 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net income (loss) [2] (171,552)                                   (87,426)       (84,126)    
Recognition of share-based compensation cost [2] 1,629                           1,629                    
Noncontrolling interest reclass [2] (1,956)                                           (1,956)    
Limited conversion of Series A preferred stock to Class A common stock, including recognition of derivative asset (in shares) [2]                     12,662                            
Limited conversion of Series A preferred stock to Class A common stock, including recognition of derivative asset [2] 12,156                   $ 13       21,867               (9,724)    
Issuance of stock (in shares) [2]                   1,482     368 217                      
Issuance of stock         $ 14,822 [2] $ 1,687 [2] $ 706 [2]     $ 2 [2]           $ 14,450 [2] $ 1,687 [2] $ 706 [2]         370 $ 370  
Unrealized gain (loss) on available-for-sale debt securities [2] 52                                         52      
Reclassification of realized gain upon transfer from available-for-sale debt security to equity interest [2] 2                                         2      
Rounding adjustment in connection with reverse stock split (in shares) [2]                     53                            
Miscellaneous adjustment to previously allocated FLP Subclass 3 income [2] 189                                           189    
Conversion of Series B-1 preferred stock to Class A common stock (in shares) [2]                 (14)   59                            
Ending balance, preferred (in shares) at Mar. 31, 2026   0           0 [2] 1,831 [2]                                
Ending balance (in shares) at Mar. 31, 2026     14,418 30             14,419 [2] 30 [2]                          
Ending balance at Mar. 31, 2026 [2] (189,286)             $ 0 $ 2   $ 14 $ 0     $ 1,884,835       $ (2,095,478) $ 0 $ (3,444) $ 52 24,733    
Increase (Decrease) in Temporary Equity [Roll Forward]                                                  
Net income (loss) [2]                                                 6,822
Preferred A-0 Unit Accounts guaranteed payment accrual [2] (12,096)                                           $ (12,096)   (6,822)
Ending balance, redeemable noncontrolling interests at Mar. 31, 2026 $ 90,526                                               $ 90,526 [2]
[1] Periods presented have been adjusted to reflect the 1-for-8 reverse stock split on December 15, 2025. See Note 1 - Summary of Significant Accounting Policies - Reverse Stock Split, for additional information.
[2] Periods presented have been adjusted to reflect the 1-for-8 reverse stock split on December 15, 2025. See Note 1 - Summary of Significant Accounting Policies - Reverse Stock Split, for additional information.
[3]
(1) Periods presented have been adjusted to reflect the 1-for-8 reverse stock split on December 15, 2025. See Note 1 - Summary of Significant Accounting Policies - Reverse Stock Split, for additional information.