Digital Turbine Inc
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
APPS$10.38+7.3%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except par value and share amounts)
| June 30, 2024 | March 31, 2024 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $35,729 | $33,605 |
| Accounts receivable, net | 198,035 | 191,015 |
| Prepaid expenses | 6,879 | 7,704 |
| Other current assets | 12,045 | 10,017 |
| Total current assets | 252,688 | 242,341 |
| Property and equipment, net | 46,375 | 45,782 |
| Right-of-use assets | 8,669 | 9,127 |
| Intangible assets, net | 298,064 | 313,505 |
| Goodwill | 219,882 | 220,072 |
| Other non-current assets | 34,519 | 34,713 |
| TOTAL ASSETS | $860,197 | $865,540 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities | ||
| Accounts payable | $170,910 | $159,200 |
| Accrued revenue share | 26,322 | 33,934 |
| Accrued compensation | 6,897 | 7,209 |
| Other current liabilities | 36,246 | 35,681 |
| Total current liabilities | 240,375 | 236,024 |
| Long-term debt, net of debt issuance costs | 393,791 | 383,490 |
| Deferred tax liabilities, net | 18,316 | 20,424 |
| Other non-current liabilities | 11,762 | 11,670 |
| Total liabilities | 664,244 | 651,608 |
| Commitments and contingencies (Note 14) | ||
| 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; 103,276,408 issued and 102,518,283 outstanding at June 30, 2024; 102,877,057 issued and 102,118,932 outstanding at March 31, 2024 | 10 | 10 |
| Additional paid-in capital | 866,581 | 858,191 |
| Treasury stock (758,125 shares at June 30, 2024, and March 31, 2024) | (71) | (71) |
| Accumulated other comprehensive loss | (50,168) | (48,955) |
| Accumulated deficit | (620,499) | (595,343) |
| Total stockholders’ equity | 195,953 | 213,932 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $860,197 | $865,540 |
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