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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2019
Total revenue $ 3,090,421 $ 196,792  
Operating expenses      
Cost of operations (exclusive of depreciation and amortization below) 1,335,075 71,435  
Research and development 227,036 11,559  
Sales, marketing, general and administrative 686,645 39,893 $ 1,159
Customer postage 196,532 12,631  
Depreciation and amortization 591,048 30,838  
Accretion and changes in estimate with related parties, net 13,158 15,823  
Gain on sale of businesses (59,143)    
Tax Receivable Agreement charges   164,633  
Goodwill impairment charge   561,164  
Total operating expenses 2,990,351 907,976 1,159
Operating income (loss) 100,070 (711,184) (1,159)
Non-operating (income) expense      
Interest expense, net 245,241 16,652  
Contingent consideration (3,000)    
Loss on extinguishment of debt 8,924    
Loss from Equity Method Investment in the Joint Venture   380,713 70,487
(Gain) loss on forward purchase contract   (15,881)  
Other, net (3,698) (1,817) (1,039)
Total non-operating (income) expense 247,467 379,667 69,448
Income (loss) before income tax provision (benefit) (147,397) (1,090,851) (70,607)
Income tax provision (benefit) (35,187) (143,254) (18,595)
Net income (loss) $ (112,210) $ (947,597) $ (52,012)
Net income (loss) per share:      
Basic and diluted $ (0.35) $ (6.92) $ (0.69)
Weighted average common shares outstanding:      
Basic and diluted 320,771,789 136,996,624 75,513,130
Solutions [Member]      
Total revenue $ 2,893,889 $ 184,161  
Postage [Member]      
Total revenue $ 196,532 $ 12,631