Digital Turbine Inc
For the period ended Mar 31, 2024. Filed May 28, 2024.
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FY2024 · Filed May 28, 2024
APPS$11.30+8.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED BALANCE SHEETS
(in thousands, except par value and share amounts)
| March 31, 2024 | March 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $33,605 | $75,558 |
| Accounts receivable, net | 191,015 | 178,189 |
| Prepaid expenses | 7,704 | 8,589 |
| Other current assets | 10,017 | 3,730 |
| Total current assets | 242,341 | 266,066 |
| Property and equipment, net | 45,782 | 39,327 |
| Right-of-use assets | 9,127 | 10,073 |
| Intangible assets, net | 313,505 | 379,632 |
| Goodwill | 220,072 | 561,576 |
| Other non-current assets | 34,713 | 9,882 |
| TOTAL ASSETS | $865,540 | $1,266,556 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities | ||
| Accounts payable | $159,200 | $119,338 |
| Accrued revenue share | 33,934 | 69,221 |
| Accrued compensation | 7,209 | 10,984 |
| Other current liabilities | 35,681 | 21,377 |
| Total current liabilities | 236,024 | 220,920 |
| Long-term debt, net of debt issuance costs | 383,490 | 410,522 |
| Deferred tax liabilities, net | 20,424 | 13,940 |
| Other non-current liabilities | 11,670 | 13,919 |
| Total liabilities | 651,608 | 659,301 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ equity | ||
| Preferred stock | ||
| Series A convertible preferred stock at $0.0001 par value; 2,000,000 shares authorized, 100,000 issued and outstanding (liquidation preference of $1) | 100 | 100 |
| Common stock | ||
| $0.0001 par value: 200,000,000 shares authorized; 102,877,057 issued and 102,118,932 outstanding at March 31, 2024; 100,216,494 issued and 99,458,369 outstanding at March 31, 2023 | 10 | 10 |
| Additional paid-in capital | 858,191 | 822,217 |
| Treasury stock (758,125 shares at March 31, 2024, and March 31, 2023) | (71) | (71) |
| Accumulated other comprehensive loss | (48,955) | (41,945) |
| Accumulated deficit | (595,343) | (175,115) |
| Total stockholders’ equity | 213,932 | 605,196 |
| Non-controlling interest | — | 2,059 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $865,540 | $1,266,556 |
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