REVENUE

6 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

REVENUE

REVENUE

Contract Balances

The following table presents the Company’s receivables and contract liabilities and certain information related to this balance as of September 30, 2025, March 31, 2025 and March 31, 2024 (in thousands): 

	September 30, 2025		March 31, 2025		March 31, 2024
Accounts receivable	$	43,934	$	52,502	$	67,788
Deferred revenue	$	101,902	$	113,923	$	116,687
Revenue recognized in the period from amounts included in contract liabilities at the beginning of the period	$	48,123	$	74,048	$	76,304

Remaining Performance Obligations

Total remaining performance obligations (“RPO”) representing contracted but not recognized revenue was $130.3 million as of September 30, 2025. RPO consists of both deferred revenue and uninvoiced, non-cancelable contracts that are expected to be invoiced and recognized as revenue in future periods and excludes variable consideration related to sales-based royalties.

RPO consisted of the following (in thousands):

	Current		Non-Current		Total
As of September 30, 2025	$	92,504	$	37,803	$	130,307