XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Revenues:    
Total revenues $ 75,430 $ 32,092
Cost of revenues:    
Total cost of revenues 35,782 16,074
Gross profit 39,648 16,018
Operating expenses:    
Selling, general and administrative expenses 54,782 17,198
Research and development expenses 3,101 2,221
Total operating expenses 57,883 19,419
Loss from operations (18,235) (3,401)
Interest income 304 22
Interest expense (2,691) (173)
Bargain purchase - Movingdots 0 283
Other income, net (624) 0
Net loss before income taxes (21,246) (3,269)
Income tax benefit/(expense) (1,053) 6
Net loss before non-controlling interest (22,299) (3,263)
Non-controlling interest (13) (6)
Net loss (22,312) (3,269)
Accretion of preferred stock 0 (1,772)
Preferred stock dividend (25) (1,129)
Net loss attributable to common stockholders (22,337) (6,170)
Net loss attributable to common stockholders $ (22,337) $ (6,170)
Net loss per share attributable to common stockholders - basic (in dollars per share) $ (0.21) $ (0.17)
Net loss per share attributable to common stockholders - diluted (in dollars per share) $ (0.21) $ (0.17)
Weighted average common shares outstanding - basic (in shares) 107,136 35,605
Weighted average common shares outstanding - diluted (in shares) 107,136 35,605
Products    
Revenues:    
Total revenues $ 18,738 $ 11,084
Cost of revenues:    
Total cost of revenues 12,751 8,550
Services    
Revenues:    
Total revenues 56,692 21,008
Cost of revenues:    
Total cost of revenues $ 23,031 $ 7,524