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STOCK-BASED COMPENSATION AND STOCKHOLDERS' EQUITY (Tables) | 3 Months Ended
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Jun. 30, 2025
Equity [Abstract] |
Schedule of Unvested Restricted Stock Units Roll Forward | Shares of common stock reserved for future issuance related to outstanding equity awards and employee equity incentive plans as of June 30, 2025, were as follows (in thousands):
| Common Stock Reserved for Future Issuance
Stock options outstanding | 85 |
Restricted stock units outstanding | 18,084 |
Shares available under the 2017 Plan | 247 |
Shares available under the 2022 Plan | 3,382 |
Shares available for future issuance under ESPP | 277 |
Total shares of common stock reserved | 22,075 |
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs | The following table presents stock-based compensation expense (in thousands):
| Three Months Ended June 30, |  |
| 2025 |  | 2024 |  |  |  |
Cost of service revenue | $ | 273 |  |  | $ | 1,124 |  |  |  |  |
Cost of other revenue | 139 |  |  | 401 |  |  |  |  |
Research and development | 1,390 |  |  | 4,823 |  |  |  |  |
Sales and marketing | 1,999 |  |  | 2,948 |  |  |  |  |
General and administrative | 2,551 |  |  | 3,505 |  |  |  |  |
Total | $ | 6,352 |  |  | $ | 12,801 |  |  |  |  |
As of June 30, 2025, unrecognized stock-based compensation expense by award type and their expected weighted-average recognition periods are summarized as follows (in thousands, except years):
| RSU |  | PSU |  | ESPP
Unrecognized stock-based compensation expense | $ | 24,438 |  |  | $ | 3,449 |  |  | $ | 334 |
Weighted-average amortization period | 2.2 years |  | 1.4 years |  | 0.8 years
Schedule of Disclosure of Share-Based Compensation Arrangements By Share-Based Payment Award | The following table presents the RSU activity (shares in thousands):
| Number of Shares |  | Weighted Average Grant Date Fair Value |  | Weighted Average Remaining Contractual Term (in Years)
Balance as of March 31, 2025 | 10,229 |  |  | $ | 2.67 |  |  | 0.94
Granted | 6,076 |  |  | 1.81 |  |  |
Vested and released | (2,016) |  |  | 3.18 |  |  |
Forfeited | (313) |  |  | 2.85 |  |  |
Balance as of June 30, 2025 | 13,976 |  |  | $ | 2.22 |  |  | 1.21
The following table presents the PSU activity (shares in thousands):
| Number of Shares |  | Weighted Average Grant Date Fair Value |  | Weighted Average Remaining Contractual Term (in Years)
Balance as of March 31, 2025 | 3,880 |  |  | $ | 2.88 |  |  | 0.85
Granted1 | 1,295 |  |  | 1.82 |  |  |
Vested and released | (676) |  |  | 1.88 |  |  |
Forfeited | (392) |  |  | 5.28 |  |  |
Balance as of June 30, 2025 | 4,107 |  |  | $ | 2.48 |  |  | 1.37

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- Definition Tabular disclosure of the change in restricted stock units (RSUs). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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