Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Revenue:    
Total revenue $ 64,286 $ 72,265
Cost of revenue:    
Total cost of revenue 41,574 45,208
Gross profit 22,712 27,057
Operating expenses:    
Sales and marketing 12,655 13,295
General and administrative 13,569 21,065
Research and development 6,661 8,308
Restructuring charges 2,423 1,192
Total operating expenses 35,308 43,860
Loss from operations (12,596) (16,803)
Other income (expense), net (430) (41)
Interest expense (6,516) (3,790)
Change in fair value of warrant liabilities 0 1,666
Gain (loss) on debt extinguishment 2,559 (695)
Net loss before income taxes (16,983) (19,663)
Income tax provision 223 235
Net loss $ (17,206) $ (19,898)
Net loss per share - basic (in dollars per share) $ (1.87) $ (4.15)
Net loss per share - diluted (in dollars per share) $ (1.87) $ (4.15)
Weighted average shares - basic (in shares) 9,187 4,792
Weighted average shares - diluted (in shares) 9,187 4,792
Foreign currency translation adjustments, net $ 722 $ 142
Total comprehensive loss (16,484) (19,756)
Product revenue    
Revenue:    
Total revenue 37,535 42,652
Cost of revenue:    
Total cost of revenue 30,745 32,555
Service and subscription    
Revenue:    
Total revenue 24,943 26,711
Cost of revenue:    
Total cost of revenue 10,829 12,653
Royalty    
Revenue:    
Total revenue $ 1,808 $ 2,902