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Other Non-Current Liabilities | 9 Months Ended
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Dec. 31, 2024
Other Liabilities Disclosure [Abstract] |
Other Non-Current Liabilities | Other Non-Current Liabilities Other noncurrent liabilities consisted of the following:
|  | December 31, 2024 |  | March 31, 2024
Non-current lease liabilities |  | $ | 6,785 |  |  | $ | 5,746 |
Contingent consideration |  | 1,644 |  |  | 1,015 |
Other long-term liabilities |  | 4,424 |  |  | 4,909 |
Total |  | $ | 12,853 |  |  | $ | 11,670 |
On a quarterly basis, the Company performs an assessment on the fair value of its contingent consideration associated with the Company’s acquisition of In App Video Services UK LTD. During the nine months ended December 31, 2024, the Company reassessed the fair value of its contingent consideration based on current forecasts. Based on the purchase agreement, executed on November 1, 2022, consideration included potential annual earn-out payments based on meeting annual revenue targets for the calendar years ended December 31, 2022, 2023, 2024, and 2025. The annual earn-out payments are up to $250 for the year ended December 31, 2022, and $1,000 for each of the calendar years ended December 31, 2023, 2024, and 2025. Also, an incremental earn-out payment will be made for each of the calendar years ended 2023, 2024, and 2025 in an amount equal to 25% of revenue that is more than 150% of that calendar year’s revenue target. As a result of the Company’s assessments during the nine months ended December 31, 2024, a remeasurement loss equal to the change in fair value of $300 was recorded. During the fiscal year ended March 31, 2024, the Company 1) paid approximately $1,100 for the earn-out associated with the calendar year ended December 31, 2023 and 2) recognized a change in the fair value of contingent consideration of $372. Changes in the fair value of the earn-out liability subsequent to the acquisition date are recognized in the condensed consolidated statements of operations and comprehensive (loss) income.

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- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as noncurrent at the end of the reporting period. + References No definition available. + Details
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