LOSS PER SHARE

3 Months Ended

Jun. 30, 2025

The following table sets forth the computation of basic and diluted loss per share:


	Three Months Ended June 30,
	2025		2024
Computation of Basic and diluted loss per share:
Net loss	$	(11.9)	$	(262.0)
Weighted average shares outstanding—basic	180.8		172.3
Basic and diluted loss per share	$	(0.07)	$	(1.52)

We incurred a net loss for the three months ended June 30, 2025 and 2024; therefore, the diluted weighted average shares outstanding excludes the effect of unvested common stock equivalents because their effect would be antidilutive. For the three months ended June 30, 2025, we had 2.3 potentially dilutive shares from share-based awards and 0.1 of shares from Convertible Notes that are excluded due to the net loss for the period.

During the three months ended June 30, 2025, 1.6 restricted stock awards vested, we granted 2.7 unvested restricted stock awards, and 0.7 unvested restricted stock awards were forfeited. The forfeiture of awards resulted in the reversal of expense of $44.7 and amounts capitalized as software development costs of $11.9.

On May 22, 2025, we issued 5.5 shares of our common stock, at a price to the public of $225.00 per share, resulting in $1,192.8 of proceeds net of underwriting fees and expenses. We intend to use the net proceeds from this offering for general corporate purposes, which may include the repayment of outstanding debt and future acquisitions.