Income Taxes (Tables)

12 Months Ended

Mar. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Provision (Benefit) for Income Taxes

The provision / (benefit) for income taxes by taxing jurisdiction was as follows:

	Year ended March 31,
	2021		2020		2019
Current state and local	$	204	$	182	$	—
Current non-U.S.	38		(55)		(63)
Total current	242		127		(63)
Deferred U.S. federal	(13,185)		(7,928)		—
Deferred state and local	(204)		(2,624)		—
Deferred non-U.S.	120		50		532
Total deferred	(13,269)		(10,502)		532
Total income tax provision / (benefit)	$	(13,027)	$	(10,375)	$	469

Reconciliation of Income Tax Expense Between Statutory U S Income Tax Rate With Actual Income Tax Provision

A reconciliation of income tax expense using the statutory U.S. income tax rate compared with the actual income tax provision follows:

	Year ended March 31,
	2021		2020		2019
Statutory federal income taxes	$	8,819	$	741	$	(1,163)
State income taxes, net of federal benefit	(1,284)		144		—
Non-deductible expenses	926		272		1,097
Change in warrant liability	—		2,012		1,024
Change in Mobile Posse earn-out	3,238		—		—
Excess deductions for stock compensation	(16,523)		(1,384)		(47)
Change in uncertain tax liability	591		32		(5)
Change in valuation allowance	(11,223)		(12,262)		(2,422)
Return-to-provision adjustments	2,243		—		2,411
Other miscellaneous	186		70		(426)
Income tax provision / (benefit)	$	(13,027)	$	(10,375)	$	469

Fiscal year 2020 and 2019 amounts recast for immaterial differences to match reported financial statements.

Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities consist of the following:

	Year ended March 31,
	2021		2020		2019
Deferred income tax assets
Net operating loss carry-forward	$	25,630	$	21,913	$	23,471
Stock-based compensation	1,675		3,775		3,996
Other	3,887		2,284		1,228
Gross deferred income tax assets	31,192		27,972		28,695
Valuation allowance	(5,287)		(15,977)		(27,972)
Net deferred income tax assets	25,905		11,995		723
Deferred income tax liabilities
Depreciation and amortization	(2,627)		(1,648)		(678)
Intangibles and goodwill	(10,315)		(10,356)		—
Other	—		—		(5)
Net deferred income tax assets / (liabilities)	$	12,963	$	(9)	$	40

Fiscal year 2020 amounts recast for immaterial differences to match reported financial statements.

Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended March 31, 2021, 2020, and 2019 is as follows:

	2021		2020		2019
Balance at April 1	$	787	$	788	$	838
Additions for tax position of prior years	585		—		—
Reductions for tax positions of prior years	—		(1)		(50)
Balance at March 31	$	1,372	$	787	$	788