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ACQUISITIONS (Tables)
3 Months Ended
Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Acquisition-date Fair Value of the Consideration
The acquisition-date fair value of the consideration totaled $440.7, which consisted of the following:
Fair value of purchase consideration
Common stock (2.8 shares)
$454.3 
Deferred payment1.0 
Settlement of pre-existing relationship(14.6)
Total$440.7 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the preliminary acquisition date fair value of net tangible and intangible assets acquired, net of liabilities assumed from Gearbox:
Fair ValueWeighted average useful life
Cash acquired$9.6 N/A
Other tangible assets152.4 N/A
Other liabilities assumed(129.6)N/A
Intangible Assets
Developed game technology84.1 4
Games in development34.9 N/A
Branding and trade names4.1 5
Goodwill285.2 N/A
Total$440.7 
Schedule of Business Acquisition, Pro Forma Information
The amounts of revenue and earnings of Gearbox included in our Condensed Consolidated Statements of Operations from the acquisition date are as follows:
Three Months Ended June 30, 2024
Net revenue$1.6 
Net loss(4.5)