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STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - (Tables)
3 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Stock-based Compensation Activity, by Award Type
The Company's stock-based compensation activity for the three months ended June 30, 2025 and 2024, by award type, was (dollars in thousands):
For the three months ended
June 30,
20252024
Stock options$705 $845 
Restricted stock units, time-vesting17,817 21,487 
Restricted stock units, performance-based4,933 3,461 
Habu restricted stock awards25 213 
Habu acquisition consideration holdback1,219 1,218 
Employee stock purchase plan398 448 
Directors stock-based compensation313 313 
Total non-cash stock-based compensation included in the condensed consolidated statements of operations25,410 27,985 
Less expense related to liability-based equity awards(1,210)(1,218)
Total non-cash stock-based compensation included in the condensed consolidated statements of equity$24,200 $26,767 
Schedule of Effect of Stock-based Compensation Expense on Income, by Financial Statement Line Item
The effect of stock-based compensation expense on operations, by financial statement line item, was (dollars in thousands):
For the three months ended
June 30,
20252024
Cost of revenue$1,541 $1,596 
Research and development8,332 10,205 
Sales and marketing6,014 7,093 
General and administrative9,523 9,091 
Total non-cash stock-based compensation included in the condensed consolidated statements of operations$25,410 $27,985 
Schedule of Share-based Compensation Arrangement by Share Based Payment Award, Future Expense
The following table provides the expected future expense for all of the Company's outstanding equity awards at June 30, 2025, by award type. The amount for fiscal 2026 represents the remaining nine months ending March 31, 2026. All other periods represent fiscal years ending March 31 (dollars in thousands):
For the years ending March 31,
2026202720282029Total
Stock options$1,600 $1,140 $95 $— $2,835 
Restricted stock units51,754 55,416 28,413 2,622 138,205 
Habu restricted stock awards19 — — 25 
Habu acquisition consideration holdback3,659 4,067 — — 7,726 
Employee stock purchase plan606 — — — 606 
Expected future expense$57,638 $60,629 $28,508 $2,622 $149,397 
Schedule of Option Activity
Stock options activity for the three months ended June 30, 2025 was:
Weighted-average
Weighted-averageremainingAggregate
Number ofexercise pricecontractual termIntrinsic value
sharesper share(in years)(in thousands)
Outstanding at March 31, 2025370,596 $13.20 
Exercised(202,320)$16.28 $2,702 
Forfeited or canceled— $— 
Outstanding at June 30, 2025168,276 $9.50 6.8$3,961 
Exercisable at June 30, 202572,722 $9.41 5.9$1,719 
Schedule of Stock Options Outstanding and Exercisable
A summary of stock options outstanding and exercisable as of June 30, 2025 was:
Options outstandingOptions exercisable
Range ofWeighted-averageWeighted-averageWeighted-average
exercise priceOptionsremainingexercise priceOptionsexercise price
per shareoutstandingcontractual lifeper shareexercisableper share
$1.20 $9.99 160,566 7.1 years$8.94 65,012 $8.00 
$10.00 $19.99 — 0.0 years$— — $— 
$20.00 $24.99 7,710 0.4 years$21.32 7,710 $21.32 
168,276 6.8 years$9.50 72,722 $9.41 
Schedule of Changes in Restricted Stock
Habu restricted stock share activity for the three months ended June 30, 2025 was:

Weighted average
fair value perWeighted average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Unvested restricted stock awards at March 31, 20251,568 $39.48 0.7
Vested(931)$39.48 
Unvested restricted stock awards at June 30, 2025637 $39.48 1.0
Schedule of Time-vesting Restricted Stock Unit Activity RSU activity for the three months ended June 30, 2025 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Outstanding at March 31, 20252,985,522 $32.27 1.76
Granted1,901,765 $29.65 
Vested(958,343)$31.83 
Forfeited or canceled(52,668)$33.84 
Outstanding at June 30, 20253,876,276 $31.07 2.30
Schedule of Non-vested Performance-based Restricted Stock Units Activity
PSU activity for the three months ended June 30, 2025 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Outstanding at March 31, 20251,395,426 $31.36 1.13
Granted485,579 $33.20 
Vested(332,745)$25.87 
Forfeited or canceled(126,546)$28.95 
Outstanding at June 30, 20251,421,714 $33.49 1.77