XML 37 R11.htm IDEA: XBRL DOCUMENT v3.25.3
Business Combination
 6 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination Business Combination
On August 28, 2025, we completed the acquisition of 100% of the shares of Satori Cyber, Ltd. ("Satori"), an Israel-based data and AI security company, for a preliminary purchase price of $28,257 in cash consideration. The primary reason for the acquisition was to extend and enhance our product portfolio with data security and AI governance solutions.
During the three and six months ended September 30, 2025, we incurred acquisition-related costs of $1,257, which were included in general and administrative expenses. The following table summarizes the preliminary purchase price allocation as of the date of acquisition:
Assets acquired and liabilities assumed:
Cash$2,242 
Trade accounts receivable267 
Other current assets and Other assets272 
Operating lease assets381 
Deferred tax assets, net1,119 
Developed technology3,700 
Accounts payable and Accrued liabilities(671)
Operating lease liabilities(381)
Long-term tax reserves(2,469)
Deferred revenue(1,264)
Total identifiable net assets acquired and liabilities assumed3,196 
Goodwill25,061 
Total purchase price$28,257 
The purchase price allocation is preliminary as it relates to customary closing adjustments and the valuation of income taxes. The amounts recognized will be finalized as the information necessary to complete the analysis is obtained, but no later than one year after the acquisition date.
The pro forma financial information of the above business acquisition, assuming the acquisition had occurred as of the beginning of the fiscal year prior to the fiscal year of the acquisition, as well as revenue and earnings generated during the current fiscal year, were not material for disclosure purposes.