Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

v3.25.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenue        
Total revenue $ 68,684 $ 212,797 $ 274,058 $ 311,600
Cost of revenue        
Total cost of revenue 40,796 127,205 164,226 186,711
Gross profit 27,888 85,592 109,832 124,889
Operating expenses        
Sales and marketing 12,448 39,321 52,320 60,893
General and administrative 14,142 49,186 63,961 51,547
Research and development 7,683 24,255 31,141 38,046
Restructuring 1,342 2,916 4,090 3,280
Total operating expenses 35,615 115,678 151,512 153,766
Loss from operations (7,727) (30,086) (41,680) (28,877)
Other expense, net 967 (408) (710) (1,746)
Interest expense (6,840) (16,761) (23,607) (15,089)
Change in fair value of warrant liability (61,630) (56,414) (45,270) 5,137
Loss on debt extinguishment, net 0 (3,003) (3,003) 0
Net loss before income taxes (75,230) (106,672) (114,270) (40,575)
Income tax provision 70 675 821 711
Net loss $ (75,300) $ (107,347) $ (115,091) $ (41,286)
Net loss per share attributable to common stockholders - basic (in dollars per share) $ (15.35) $ (22.22) $ (22.35) $ (8.68)
Net loss per share attributable to common stockholders - diluted (in dollars per share) $ (15.35) $ (22.22) $ (22.35) $ (8.68)
Weighted average shares - basic (in shares) 4,907 4,831 5,150 4,754
Weighted average shares - diluted (in shares) 4,907 4,831 5,150 4,754
Foreign currency translation adjustments, net $ (1,077) $ (276) $ 583 $ (612)
Total comprehensive loss (76,377) (107,623) (114,508) (41,898)
Product        
Revenue        
Total revenue 38,634 120,565 154,182 174,879
Cost of revenue        
Total cost of revenue 30,922 93,251 119,730 136,419
Service and subscription        
Revenue        
Total revenue 27,724 84,640 110,658 126,590
Cost of revenue        
Total cost of revenue 9,874 33,954 44,496 50,292
Royalty        
Revenue        
Total revenue $ 2,326 $ 7,592 $ 9,218 $ 10,131