| Three Months Ended September 30, | Six Months Ended September 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| (in thousands) | 2024 | 2023 | 2024 | 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total revenue | $ | 70,469 | $ | 75,680 | $ | 141,812 | $ | 168,174 | Total cost of revenue (1) | 41,201 | 42,944 | 86,410 | 99,798 | Gross profit | 29,268 | 32,736 | 55,402 | 68,376 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Sales and marketing (1) | 13,578 | 15,717 | 26,872 | 31,557 | General and administrative (1) | 13,977 | 10,241 | 35,043 | 22,940 | Research and development (1) | 8,264 | 9,152 | 16,572 | 20,065 | Restructuring charges (1) | 383 | 1,338 | 1,574 | 2,667 | Total operating expenses | 36,202 | 36,448 | 80,061 | 77,229 | Loss from operations | (6,934) | (3,712) | (24,659) | (8,853) | Other income (expense), net | (1,334) | 367 | (1,375) | (630) | Interest expense | (6,131) | (3,855) | (9,921) | (7,055) | Change in fair value of warrant liabilities | 3,550 | 4,402 | 5,216 | 5,128 | Loss on debt extinguishment | (2,308) | — | (3,003) | — | Net loss before income taxes | (13,157) | (2,798) | (33,742) | (11,410) | Income tax provision | 370 | 533 | 605 | 1,063 | Net loss | $ | (13,527) | $ | (3,331) | $ | (34,347) | $ | (12,473) | |||||||||||||||
| Three Months Ended September 30, | Six Months Ended September 30, | |||||||||||||||||||||||||||||||||||||
| (in thousands) | 2024 | 2023 | 2024 | 2023 | ||||||||||||||||||||||||||||||||||
| Cost of revenue | $ | 76 | $ | 190 | $ | 266 | $ | 382 | Research and development | 161 | 243 | 349 | 665 | Sales and marketing | 85 | 172 | 173 | 639 | General and administrative | 394 | 334 | 853 | 1,145 | Total | $ | 716 | $ | 939 | $ | 1,641 | $ | 2,831 | ||||||
| Three Months Ended September 30, | |||||||||||||||||||||||||||
| (dollars in thousands) | 2024 | % of revenue | 2023 | % of revenue | $ Change | % Change | |||||||||||||||||||||
| Sales and marketing | $ | 13,578 | 19 | % | $ | 15,717 | 21 | % | $ | (2,139) | (14) | % | |||||||||||||||
| General and administrative | 13,977 | 20 | % | 10,241 | 14 | % | 3,736 | 36 | % | ||||||||||||||||||
| Research and development | 8,264 | 12 | % | 9,152 | 12 | % | (888) | (10) | % | ||||||||||||||||||
| Restructuring charges | 383 | 1 | % | 1,338 | 2 | % | (955) | (71) | % | ||||||||||||||||||
| Total operating expenses | $ | 36,202 | 51 | % | $ | 36,448 | 48 | % | $ | (246) | (1) | % | |||||||||||||||
| Three Months Ended September 30, | |||||||||||||||||||||||||||||||||||
| (dollars in thousands) | 2024 | % of revenue | 2023 | % of revenue | $ Change | % Change | |||||||||||||||||||||||||||||
| Interest expense | $ | (6,131) | (9) | % | $ | (3,855) | (5) | % | $ | (2,276) | 59 | % | |||||||||||||||||||||||
| Year Ended March 31, | (in thousands) | 2024 | % of revenue | 2023 | % of revenue | $ Change | % Change | ||||||||||||||
| Restated | Change in fair value of warrant liabilities | $ | 5,137 | 2 | % | $ | 10,250 | 2 | % | $ | (5,113) | (50) | % | ||||||||
