Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Revenue:        
Revenue $ 111,196 $ 95,344 $ 307,407 $ 277,623
Cost of revenue:        
Cost of revenue 70,907 60,134 205,239 166,746
Gross profit 40,289 35,210 102,168 110,877
Operating expenses:        
Research and development 11,254 14,607 33,925 38,287
Sales and marketing 16,339 16,714 47,894 46,128
General and administrative 10,969 10,538 35,223 33,830
Restructuring charges (41) 576 1,605 850
Total operating expenses 38,521 42,435 118,647 119,095
Income (loss) from operations 1,768 (7,225) (16,479) (8,218)
Other income (expense), net (544) (150) 2,638 (223)
Interest expense (2,701) (2,431) (7,537) (9,387)
Loss on debt extinguishment 0 0 (1,392) (4,960)
Net loss before income taxes (1,477) (9,806) (22,770) (22,788)
Income tax provision 693 1,254 1,564 1,678
Net loss (2,170) (11,060) (24,334) (24,466)
Deemed dividend on warrants 0 0 (389) 0
Net loss attributable to common stockholders- basic (2,170) (11,060) (24,723) (24,466)
Net loss attributable to common stockholders- diluted $ (2,170) $ (11,060) $ (24,723) $ (24,466)
Net loss per share - basic (in dollars per share) $ (0.02) $ (0.19) $ (0.28) $ (0.42)
Net loss per share - diluted (in dollars per share) $ (0.02) $ (0.19) $ (0.28) $ (0.42)
Weighted average shares - basic (in shares) 92,752 59,486 89,335 58,399
Weighted average shares - diluted (in shares) 92,752 59,486 89,335 58,399
Foreign currency translation adjustments, net $ 1,480 $ (37) $ (1,094) $ (276)
Total comprehensive loss (690) (11,097) (25,428) (24,742)
Product        
Revenue:        
Revenue 75,420 58,522 198,597 165,308
Cost of revenue:        
Cost of revenue 58,528 45,118 163,010 124,982
Service and subscription        
Revenue:        
Revenue 32,950 33,162 99,066 100,352
Cost of revenue:        
Cost of revenue 12,379 15,016 42,229 41,764
Royalty        
Revenue:        
Revenue $ 2,826 $ 3,660 $ 9,744 $ 11,963