Segment and Geographic Information

9 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment and Geographic Information

Note 17. Segment and Geographic Information

Segment Information

Operating segments are components of an enterprise for which separate financial information is available and is evaluated regularly by the Company’s chief operating decision-maker (“CODM”) in deciding how to allocate resources and in assessing performance. The Company’s CODM (determined to be the Chief Executive Officer) reviews the business, makes investment and resource allocation decisions, and assesses operating performance based on the Company’s consolidated operating results. The Company operates as one reportable segment.

Geographic Information

Rest of world sales (meaning sales outside the U.S., primarily in Europe and Japan) accounted for 19%  and 18% of total revenue for each of the three and nine months ended December 31, 2021 and 2020, respectively. The Company’s long-lived assets are located in the U.S., except for $57.3 million and $56.4 million at December 31, 2021 and March 31, 2021, respectively, which are located primarily in Germany.