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REVENUE | 6 Months Ended
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Sep. 30, 2025
Revenue from Contract with Customer [Abstract] |
REVENUE | Revenue Disaggregation of Revenue The Company believes that the nature, amount, timing and uncertainty of its revenue and cash flows and how they are affected by economic factors are most appropriately depicted by (i) geographic region, and (ii) type of revenue or service provided. The following tables set forth the revenue geographic information based on the billing address for the customers for each period (in thousands):
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
United States | $ | 113,938 |  |  | $ | 121,459 |  |  | $ | 227,029 |  |  | $ | 244,317 |
United Kingdom | 32,636 |  |  | 32,428 |  |  | 63,367 |  |  | 61,634 |
Other International1 | 37,521 |  |  | 27,111 |  |  | 75,060 |  |  | 53,194 |
Total revenue | $ | 184,095 |  |  | $ | 180,998 |  |  | $ | 365,456 |  |  | $ | 359,145 |
Service revenue and other revenue were 97.3% and 2.7% of total revenue for three months ended September 30, 2025, respectively, and 96.7% and 3.3% of total revenue for the three months ended September 30, 2024, respectively. Service revenue and other revenue were 97.2% and 2.8% of total revenue for six months ended September 30, 2025, respectively, and 96.9% and 3.1% of total revenue for the six months ended September 30, 2024, respectively. Service revenue consists of communication services subscriptions and platform usage revenue and related fees from our UCaaS, CCaaS and CPaaS offerings. Subscription and Platform usage revenue was 80.6% and 19.4% of total service revenue for the three months ended September 30, 2025, respectively, and 86.9% and 13.1% of total service revenue for the three months ended September 30, 2024, respectively. Subscription and Platform usage revenue was 81.9% and 18.1% of total service revenue for the six months ended September 30, 2025, respectively, and 87.3% and 12.7% of total service revenue for the six months ended September 30, 2024, respectively. Contract Balances The following table provides amounts of contract assets and deferred revenue from contracts with customers (in thousands):
| September 30, 2025 |  | March 31, 2025
Contract assets, current (component of Other current assets) | $ | 6,828 |  |  | $ | 7,009 |
Contract assets, non-current (component of Other non-current assets) | 7,362 |  |  | 7,268 |
Deferred revenue, current | 43,569 |  |  | 37,751 |
Deferred revenue, non-current | 477 |  |  | 706 |
Contract assets are recorded for contract consideration not yet invoiced but for which the performance obligations are completed. Contract assets, net of allowances for credit losses, are included in other current assets or other assets in the Company's condensed consolidated balance sheets, depending on if their reduction will be recognized during the succeeding twelve-month period or beyond. The change in contract assets was primarily driven by billing customers for amounts that had previously been recognized in revenue but not yet billed. The Company recognized revenues of approximately $28.5 million and $27.1 million that were included in deferred revenue at the beginning of the fiscal year during the six months ended September 30, 2025 and 2024, respectively. Remaining Performance Obligations The Company's subscription terms typically range from one year to five years. Contract revenue from the remaining performance obligations that had not yet been recognized as of September 30, 2025 was approximately $710 million. This amount excludes contracts with an original expected length of less than one year. The Company expects to recognize revenue on approximately 85% of the remaining performance obligations over the next 24 months and approximately 15% over the remainder of the subscription period. For purposes of this disclosure, the Company excludes contracts with an original expected length of less than one year. Deferred Contract Acquisition Costs Deferred sales commissions are considered incremental and recoverable costs of acquiring customer contracts. Amortization of deferred contract acquisition costs for the three months ended September 30, 2025 and 2024 was approximately $8.4 million and $9.9 million, respectively, and $17.4 million and $19.7 million during the six months ended September 30, 2025 and 2024, respectively. There were no material write-offs during the six months ended September 30, 2025 and 2024. The following table provides amounts of deferred contract acquisition costs from contracts with customers (in thousands):
| September 30, 2025 |  | March 31, 2025
Deferred contract acquisition costs | $ | 27,733 |  |  | $ | 30,935 |
Deferred contract acquisition costs, non-current | 39,252 |  |  | 44,239 |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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