Acquisitions (Tables)

3 Months Ended

Jun. 30, 2026

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

The following table summarizes the current acquisition-date fair values of the assets acquired and liabilities assumed as of June 10, 2026 (in thousands):


Fair Value of Assets Acquired and Liabilities Assumed	Amount
Assets:
Cash and cash equivalents	$	2,589
Accounts receivable, net of allowance for doubtful accounts	470
Tax receivable	466
Prepaid expenses	6
Other current assets	210
Property and equipment	154
ROU assets	168
Intangible assets	29,684
Equity method investments	731
Goodwill	8,228
Total Assets	42,706

Liabilities
Accounts payable	(696)
Accrued expenses and other	(13)
Tax liabilities	(232)
Other liabilities	(27)
Current lease liability	(71)
Non-current lease liability	(98)
Deferred tax liability	(7,659)
Total Liabilities	(8,796)

Net Assets Acquired	$	33,910

Schedule of Finite-Lived Intangible Assets

The following table sets forth the identifiable intangible assets and their useful lives as of June 10, 2026 (in thousands):


Identifiable Intangible Assets	Useful Life in Years	Fair Value
Customer relationships - existing contracts	4	$	14,193
Customer relationships - institutional investor relationships	11	15,491

Schedule of Pro Forma Financial Information

The pro forma adjustments do not include any of the cost savings and other synergies anticipated from the acquisition (in thousands).


	Three Months Ended June 30, 2026		Three Months Ended June 30, 2025
Revenue	$	116,991	$	73,452
Net Loss	(18,248)		(4,108)