Digital Turbine Inc
For the period ended Dec 31, 2023. Filed Feb 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.
Dec 31, 2023 · Filed Feb 7, 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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CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except par value and share amounts)
| December 31, 2023 | March 31, 2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $48,959 | $75,058 |
| Restricted cash | 506 | 500 |
| Accounts receivable, net | 217,239 | 178,189 |
| Prepaid expenses and other current assets | 20,586 | 12,319 |
| Total current assets | 287,290 | 266,066 |
| Property and equipment, net | 43,598 | 39,327 |
| Right-of-use assets | 9,594 | 10,073 |
| Intangible assets, net | 330,531 | 379,632 |
| Goodwill | 411,055 | 561,576 |
| Other non-current assets | 24,567 | 9,882 |
| TOTAL ASSETS | $1,106,635 | $1,266,556 |
| LIABILITIES AND STOCKHOLDERS EQUITY | ||
| Current liabilities | ||
| Accounts payable | $159,525 | $119,338 |
| Accrued revenue share | 66,161 | 69,221 |
| Accrued compensation | 7,523 | 10,984 |
| Other current liabilities | 35,447 | 21,377 |
| Total current liabilities | 268,656 | 220,920 |
| Long-term debt, net of debt issuance costs | 374,034 | 410,522 |
| Deferred tax liabilities, net | 4,664 | 13,940 |
| Other non-current liabilities | 13,583 | 13,919 |
| Total liabilities | 660,937 | 659,301 |
| Commitments and contingencies | ||
| 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; 102,454,268 issued and 101,696,143 outstanding at December 31, 2023; 100,216,494 issued and 99,458,369 outstanding at March 31, 2023 | 10 | 10 |
| Additional paid-in capital | 850,989 | 822,217 |
| Treasury stock (758,125 shares at December 31, 2023, and March 31, 2023) | (71) | (71) |
| Accumulated other comprehensive loss | (46,493) | (41,945) |
| Accumulated deficit | (358,837) | (175,115) |
| Total stockholders’ equity | 445,698 | 605,196 |
| Non-controlling interest | — | 2,059 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $1,106,635 | $1,266,556 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.