XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.21.2

Segment Information | 6 Months Ended
--- | ---
Sep. 30, 2021
Segment Reporting [Abstract] |
Segment Information | Segment Information Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision maker (“CODM”) in making decisions regarding resource allocation and assessing performance. The Company has determined that its Chief Executive Officer ("CEO") is the CODM. Prior to the acquisitions of both AdColony and Fyber disclosed above in Note 3, "Acquisitions," the Company had one operating and reportable segment called Media Distribution. As a result of the acquisitions, the Company reassessed its operating and reportable segments in accordance with ASC 280, Segment Reporting. Effective April 1, 2021, the Company reports its results of operations through the following three segments, each of which represents an operating and reportable segment, as follows: •On Device Media ("ODM") - This segment is the legacy single operating and reporting segment of Digital Turbine prior to the AdColony and Fyber acquisitions. This segment generates revenues from services that deliver mobile application media or content media to end users. This segment's customers are mobile device carriers and OEMs that pay for the distribution of media. The other reporting segments are not dependent on these mobile device carrier and OEM relationships. •In App Media – AdColony ("IAM-A") - This segment is inclusive of the acquired AdColony business and generates revenues from services provided as an end-to-end platform for brands, agencies, publishers, and application developers to deliver advertising to consumers on mobile devices around the world. IAM-A customers are primarily advertisers. •In App Media – Fyber ("IAM-F") - This segment is inclusive of the acquired Fyber business and generates revenues from services provided to mobile application developers and digital publishers to monetize their content through advanced technologies, innovative advertisement formats, and data-driven decision making. IAM-F customers are primarily publishers. The Company's CODM evaluates segment performance and makes resource allocation decisions primarily through the metric of net revenues less associated license fees and revenue share, as shown in the segment information summary table below. The Company's CODM does not allocate other direct costs of revenues, operating expenses, interest and other income / (expense), net, or provision for income taxes to these segments for the purpose of evaluating segment performance. Additionally, the Company does not allocate assets to segments for internal reporting purposes as the CODM does not manage the Company's segments by such metrics. A summary of segment information follows:
|  | Three months ended September 30, 2021
|  | ODM |  | IAM-A |  | IAM-F |  | Eliminations |  | Consolidated
Net revenues |  | $ | 129,449 |  |  | $ | 61,495 |  |  | $ | 125,727 |  |  | $ | (6,466) |  |  | $ | 310,205 |
License fees and revenue share |  | 75,587 |  |  | 41,833 |  |  | 102,191 |  |  | (6,466) |  |  | 213,145 |
Segment profit |  | $ | 53,862 |  |  | $ | 19,662 |  |  | $ | 23,536 |  |  | $ | — |  |  | $ | 97,060 |
|  | Three months ended September 30, 2020
|  | ODM |  | IAM-A |  | IAM-F |  | Eliminations |  | Consolidated
Net revenues |  | $ | 70,893 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 70,893 |
License fees and revenue share |  | 40,532 |  |  | — |  |  | — |  |  | — |  |  | 40,532 |
Segment profit |  | $ | 30,361 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 30,361 |
|  | Six months ended September 30, 2021
|  | ODM |  | IAM-A |  | IAM-F |  | Eliminations |  | Consolidated
Net revenues |  | $ | 249,832 |  |  | $ | 106,432 |  |  | $ | 175,368 |  |  | $ | (8,812) |  |  | $ | 522,820 |
License fees and revenue share |  | 145,618 |  |  | 72,027 |  |  | 142,660 |  |  | (8,812) |  |  | 351,493 |
Segment profit |  | $ | 104,214 |  |  | $ | 34,405 |  |  | $ | 32,708 |  |  | $ | — |  |  | $ | 171,327 |
|  | Six months ended September 30, 2020
|  | ODM |  | IAM-A |  | IAM-F |  | Eliminations |  | Consolidated
Net revenues |  | $ | 129,905 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 129,905 |
License fees and revenue share |  | 72,832 |  |  | — |  |  | — |  |  | — |  |  | 72,832 |
Segment profit |  | $ | 57,073 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 57,073 |
Geographic Area Information Long-lived assets, excluding deferred tax assets and intangible assets, by region follows:
|  | September 30, 2021 |  | March 31, 2021
United States and Canada |  | $ | 18,345 |  |  | $ | 12,995 |
Europe, Middle East, and Africa |  | 3,679 |  |  | 40 |
Asia Pacific and China |  | 92 |  |  | 15 |
Mexico, Central America, and South America |  | — |  |  | — |
Consolidated property and equipment, net |  | $ | 22,116 |  |  | $ | 13,050 |
Net revenues by geography are based on the billing addresses of the Company's customers and a reconciliation of disaggregated revenues by segment follows:
|  | Three months ended September 30, 2021
|  | ODM |  | IAM-A |  | IAM-F |  | Total
United States and Canada |  | $ | 75,100 |  |  | $ | 28,952 |  |  | $ | 68,909 |  |  | $ | 172,961 |
Europe, Middle East, and Africa |  | 30,591 |  |  | 29,425 |  |  | 36,182 |  |  | 96,198 |
Asia Pacific and China |  | 17,969 |  |  | 3,084 |  |  | 20,299 |  |  | 41,352 |
Mexico, Central America, and South America |  | 5,789 |  |  | 34 |  |  | 337 |  |  | 6,160 |
Elimination |  | — |  |  | — |  |  | — |  |  | (6,466) |
Consolidated net revenues |  | $ | 129,449 |  |  | $ | 61,495 |  |  | $ | 125,727 |  |  | $ | 310,205 |
|  | Three months ended September 30, 2020
|  | ODM |  | IAM-A |  | IAM-F |  | Total
United States and Canada |  | $ | 47,118 |  |  | $ | — |  |  | $ | — |  |  | $ | 47,118 |
Europe, Middle East, and Africa |  | 17,528 |  |  | — |  |  | — |  |  | 17,528 |
Asia Pacific and China |  | 5,901 |  |  | — |  |  | — |  |  | 5,901 |
Mexico, Central America, and South America |  | 346 |  |  | — |  |  | — |  |  | 346 |
Consolidated net revenues |  | $ | 70,893 |  |  | $ | — |  |  | $ | — |  |  | $ | 70,893 |
|  | Six months ended September 30, 2021
|  | ODM |  | IAM-A |  | IAM-F |  | Total
United States and Canada |  | $ | 146,231 |  |  | $ | 48,801 |  |  | $ | 98,482 |  |  | $ | 293,514 |
Europe, Middle East, and Africa |  | 60,651 |  |  | 51,207 |  |  | 48,872 |  |  | 160,730 |
Asia Pacific and China |  | 34,759 |  |  | 5,686 |  |  | 27,635 |  |  | 68,080 |
Mexico, Central America, and South America |  | 8,191 |  |  | 738 |  |  | 379 |  |  | 9,308 |
Elimination |  | — |  |  | — |  |  | — |  |  | (8,812) |
Consolidated net revenues |  | $ | 249,832 |  |  | $ | 106,432 |  |  | $ | 175,368 |  |  | $ | 522,820 |
|  | Six months ended September 30, 2020
|  | ODM |  | IAM-A |  | IAM-F |  | Total
United States and Canada |  | $ | 85,358 |  |  | $ | — |  |  | $ | — |  |  | $ | 85,358 |
Europe, Middle East, and Africa |  | 32,883 |  |  | — |  |  | — |  |  | 32,883 |
Asia Pacific and China |  | 11,112 |  |  | — |  |  | — |  |  | 11,112 |
Mexico, Central America, and South America |  | 552 |  |  | — |  |  | — |  |  | 552 |
Consolidated net revenues |  | $ | 129,905 |  |  | $ | — |  |  | $ | — |  |  | $ | 129,905 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration