Earnings per Share

6 Months Ended

Sep. 30, 2024

Basic net (loss) income per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted net (loss) income per share is computed based on the weighted average number of common shares outstanding plus the effect of potentially dilutive common shares outstanding during the period using the applicable methods. The Company excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is antidilutive.

The following table sets forth the computation of basic and diluted net (loss) income per share of common stock (in thousands, except per share amounts):


	Three months ended September 30,				Six months ended September 30,
	2024		2023		2024		2023
Net loss per common share	$	(24,986)	$	(161,482)	$	(50,142)	$	(169,881)
Less: net loss attributable to non-controlling interest	—		—		—		(220)
Net loss attributable to Digital Turbine, Inc.	$	(24,986)	$	(161,482)	$	(50,142)	$	(169,661)
Weighted-average common shares outstanding, basic	103,041		100,604		102,722		100,272
Basic net (loss) income per common share attributable to Digital Turbine, Inc.	$	(0.24)	$	(1.61)	$	(0.49)	$	(1.69)
Weighted-average common shares outstanding, diluted	103,041		100,604		102,722		100,272
Diluted net (loss) income per common share attributable to Digital Turbine, Inc.	$	(0.24)	$	(1.61)	$	(0.49)	$	(1.69)

Potentially dilutive outstanding securities of 7,919,967 and 8,090,889 for the three and six months ended September 30, 2024, respectively, and 2,823,586 and 3,273,213 for the three and six months ended September 30, 2023, respectively, were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive