NET LOSS PER SHARE

9 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

NET LOSS PER SHARE

NET LOSS PER SHARE

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:

	Three Months Ended December 31,				Nine Months Ended December 31,
	2024		2023		2024		2023
Numerator:
Net loss attributable to common stockholders—basic and diluted	$	(11,509)	$	(10,108)	$	(26,811)	$	(32,108)
Denominator:
Weighted average common shares outstanding—basic and diluted	175,589,759		175,540,096		175,404,510		176,611,729
Net loss per share attributable to common stockholders - basic and diluted	$	(0.07)	$	(0.06)	$	(0.15)	$	(0.18)

For the three and nine months ended December 31, 2024 and 2023, the Company excluded the following potential dilutive securities, which include stock options, RSUs, warrants and convertible notes from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same for the three months ended December 31, 2024 and 2023.

	As of
	December 31,
	2024	2023
Stock options to purchase common stock	10,321,196	12,545,294
Restricted stock units	18,436,857	14,248,262
Warrants to purchase common stock	13,036,333	13,036,333
2025 Convertible Notes as converted to common stock	4,307,607	4,083,040
Employee Stock Purchase Plan	153,664	298,373

The Company’s convertible notes outstanding for the three and nine months ended December 31, 2024 could have obligated the Company and/or its stockholders to issue shares of common stock upon the occurrence of various future events at prices and in amounts that are not determinable until the occurrence of those future events. Because the necessary conditions for the conversion of these instruments had not been satisfied during the three and nine months ended December 31, 2024, the Company excluded these instruments from the table above and the calculation of diluted net loss per share for the period. See Note 4, “Debt,” for additional details.