STOCK-BASED COMPENSATION - (Tables)

6 Months Ended

Sep. 30, 2026

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Activity, by Award Type

The Company's stock-based compensation activity for the six months ended September 30, 2026 and 2025, by award type, was (dollars in thousands):


	For the six months ended
	September 30,
	2026		2025
Stock options	$	533	$	1,260

Restricted stock units, time-vesting	26,926		31,751
Restricted stock units, performance-based	10,843		9,113

Habu restricted stock awards	4		31





Habu acquisition consideration holdback	1,377		2,439
Employee stock purchase plan	235		748
Directors stock-based compensation	475		585
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	40,393		45,927
Less expense related to liability-based equity awards	(1,375)		(2,483)

Total non-cash stock-based compensation included in the condensed consolidated statements of equity	$	39,018	$	43,444

Schedule of Effect of Stock-based Compensation Expense on Income, by Financial Statement Line Item

The effect of stock-based compensation expense on operations, by financial statement line item, was (dollars in thousands):


	For the six months ended
	September 30,
	2026		2025
Cost of revenue	$	2,111	$	2,993
Research and development	12,198		14,835
Sales and marketing	8,431		11,483
General and administrative	17,653		16,616
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$	40,393	$	45,927

Schedule of Share-based Compensation Arrangement by Share Based Payment Award, Future Expense

The following table provides the expected future expense for all of the Company's outstanding equity awards at September 30, 2026, by award type. The amount for fiscal 2027 represents the remaining six months ending March 31, 2027. All other periods represent fiscal years ending March 31 (dollars in thousands):


	For the years ending March 31,
	2027		2028		2029		2030		Total
Stock options	$	405	$	95	$	—	$	—	$	500
Restricted stock units	35,334		51,189		26,437		2,739		115,699

Habu acquisition consideration holdback	918		—		—		—		918

Expected future expense	$	36,657	$	51,284	$	26,437	$	2,739	$	117,117

Schedule of Option Activity

Stock options activity for the six months ended September 30, 2026 was:


				Weighted-average
		Weighted-average		remaining	Aggregate
	Number of	exercise price		contractual term	Intrinsic value
	shares	per share		(in years)	(in thousands)
Outstanding at March 31, 2026	90,610	$	9.69

Exercised	(26,819)	$	9.93		$	739
Forfeited or canceled	(4,074)	$	11.79
Outstanding at September 30, 2026	59,717	$	9.45	6.2	$	1,677
Exercisable at September 30, 2026	42,241	$	9.38	6.1	$	1,189

Schedule of Stock Options Outstanding and Exercisable

A summary of stock options outstanding and exercisable as of September 30, 2026 was:

Options outstanding

Options exercisable

Range of

Weighted-average

exercise price

Options

remaining

exercise price

Options

exercise price

per share

outstanding

contractual life

per share

exercisable

per share

1.20

—

9.99

59,717

6.2 years

9.45

42,241

9.38

Schedule of Changes in Restricted Stock

Habu restricted stock share activity for the six months ended September 30, 2026 was:


		Weighted average
		fair value per		Weighted average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Unvested restricted stock awards at March 31, 2026	160	$	39.48	0.3

Vested	(106)	$	39.48
Forfeited or canceled	(54)	$	39.48
Unvested restricted stock awards at September 30, 2026	—	$	—	0.0

Schedule of Time-vesting Restricted Stock Unit Activity

RSU activity for the six months ended September 30, 2026 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2026	2,921,142	$	30.36	1.89
Granted	1,563,161	$	37.78
Vested	(1,090,742)	$	30.62

Forfeited or canceled	(307,866)	$	32.36
Outstanding at September 30, 2026	3,085,695	$	33.83	2.01

Schedule of Non-vested Performance-based Restricted Stock Units Activity

PSU activity for the six months ended September 30, 2026 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2026	1,445,075	$	33.43	1.06
Granted	345,123	$	44.28

Vested	(432,580)	$	29.56

Forfeited or canceled	(57,178)	$	35.28
Outstanding at September 30, 2026	1,300,440	$	37.51	1.39