Financials
Cash flow
| Fiscal date | Jun 2025 | Mar 2025 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|
| Operating activities | -2.5M | -68.7M | -52.3M | -84.6M |
| Net income | -71.8M | -102.6M | -66.2M | -111.0M |
| Depreciation | 6.4M | 7.0M | 11.6M | 17.7M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 28.3M | 14.7M | 4.5M | 4.5M |
| Other non cash items | 10.0M | 3.9M | 3.3M | 5.1M |
| Accounts receivable | 29.1M | 7.9M | -14.5M | -2.4M |
| Accounts payable | -186K | -1.7M | 5.4M | -2.8M |
| Other assets liabilities | -4.4M | 2.1M | 3.6M | 4.4M |
| Investing activities | -1.4M | -2.7M | -2.6M | 59.6M |
| Capital expenditures | -1.4M | -2.7M | -2.6M | -1.7M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | — | — | — | — |
| Sale of investments | 0 | 0 | 0 | 61.4M |
| Other investing activity | — | — | — | — |
| Financing activities | 20.2M | -149K | -30K | 199.9M |
| Long term debt issuance | 27.9M | 0 | 0 | 200.0M |
| Long term debt payments | -4.0M | -22K | -30K | -80K |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | 0 | -22K | 0 | 0 |
| Common dividends | — | — | — | — |
| Other financing charges | -3.6M | -105K | — | — |
| End cash position | 722.7M | 35.3M | 180.2M | 245.8M |
| Income tax paid | — | — | — | — |
| Interest paid | — | 10.8M | — | 6.1M |
| Free cash flow | 5.9M | -34.0M | -65.5M | -75.7M |