Segment Information (Tables)

6 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Revenue and Adjusted EBITDA by Segment

The Company’s revenue and Adjusted EBITDA by segment is as follows:

	Three Months Ended September 30,				Six Months Ended September 30,
	2024		2023		2024		2023
	(in thousands)
Segment Revenue: (1)
Consumer and Research Services	$	44,071	$	49,999	$	84,485	$	110,863
Total revenue	$	44,071	$	49,999	$	84,485	$	110,863
Segment Adjusted EBITDA:
Consumer and Research Services Adjusted EBITDA	$	(8,633)	$	(6,673)	$	(17,474)	$	(12,275)
Therapeutics Adjusted EBITDA	(11,975)		(26,224)		(24,392)		(57,363)
Unallocated Corporate	(12,804)		(12,156)		(26,708)		(25,215)
Total Adjusted EBITDA	$	(33,412)	$	(45,053)	$	(68,574)	$	(94,853)
Reconciliation of net loss to Adjusted EBITDA:
Net loss	$	(59,103)	$	(75,270)	$	(128,503)	$	(179,894)
Adjustments:
Interest income, net	(2,009)		(3,752)		(4,583)		(8,059)
Other (income) expense, net	(15)		(145)		4		(477)
Provision for (benefit from) income taxes	(41)		36		(41)		36
Depreciation and amortization	4,972		4,474		8,983		8,951
Amortization of acquired intangible assets	1,775		3,638		3,551		7,277
Stock-based compensation expense	19,486		23,741		41,063		74,840
Loss on disposition of Lemonaid Health Limited and transaction-related costs(2)	—		2,127		—		2,375
Litigation settlement cost	—		98		—		98
Cyber security incident expenses, net of probable insurance recoveries (3)	1,523		—		10,952		—
Total Adjusted EBITDA	$	(33,412)	$	(45,053)	$	(68,574)	$	(94,853)

(1)There was no Therapeutics revenue for the three and six months ended September 30, 2024 and 2023.

(2)Refer to Note 17, “Disposition of Subsidiary” for additional information.

(3)Refer to Note 11, “Cyber Security Incident” for additional information.

Schedule of Customers Accounting for 10% or More of Segment Revenues

Customers accounting for 10% or more of segment revenues were as follows:

	Three Months Ended September 30,								Six Months Ended September 30,
	2024				2023				2024				2023
	(in thousands)
Consumer and Research Services Segment Revenue:
Customer C (1)(2)	$	11,586	26	%	$	13,040	26	%	$	19,163	23	%	$	22,751	21	%
Customer B (3)	*		*		*		*		*		*		$	11,753	11	%

•less than 10%

(1)Customer C is a reseller.

(2)Customer C revenues are primarily in the United States.

(3)Customer B revenues are in the U.K.