REVENUE

3 Months Ended

Jun. 30, 2026

Revenue from Contract with Customer [Abstract]

REVENUE

REVENUE

Contract Balances

The following table presents the Company’s contract assets and liabilities: 

	June 30, 2026		March 31, 2026		June 30, 2025		March 31, 2025
Accounts receivable, net	$	66,659	$	69,650	$	48,445	$	52,502
Contract assets - included in Other current assets	342		351		278		278
Deferred revenue, current portion	76,158		75,654		69,675		75,076
Deferred revenue, net of current portion	38,980		39,030		36,580		38,847

Remaining Performance Obligations

Total remaining performance obligations (“RPO”) refers to goods and services which have been contracted for but not recognized into revenue. RPO consists of both deferred revenue, which is included in the condensed

consolidated balance sheets, and non-cancelable amounts from contracts that will be invoiced in the future. As of June 30, 2026, the total balance was $165.9 million. This amount excludes variable consideration related to sales-based royalties.

Remaining performance obligations consisted of the following (in thousands):

	Current		Non-Current		Total
As of June 30, 2026	$	126,924	$	38,980	$	165,904

Deferred revenue primarily consists of amounts invoiced and paid but not recognized as revenue, including performance obligations pertaining to subscription services. The table below reflects our deferred revenue as of June 30, 2026 (in thousands):

	Deferred revenue as of June 30, 2026
		Current		Non-current		Total
Service revenue		$	62,133	$	29,645	$	91,778
Subscription revenue		12,899		9,335		22,234
Product revenue		1,126		—		1,126
Total		$	76,158	$	38,980	$	115,138

The Company recognized revenue $22.9 million in the 3 months ended June 30,2026 and $26.6 million in the 3 months ended June 30, 2025 that was included in the contract liability balances at March 31, 2026 and 2025, respectively.