---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-092159"
form_type: "8-K/A"
ticker: "APPS"
cik: "0000317788"
company_name: "Digital Turbine, Inc."
filed_at: "2021-07-14T23:59:59+00:00"
generated_at: "2026-06-30T05:31:42.997854+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Digital Turbine files audited 2020 financials for acquired AdColony; revenue $211M, net loss $7M

## Summary
- AdColony 2020 revenue $211.0M (up from $183.9M in 2019); operating loss improved to ($6.8M) from ($21.8M).
- Net loss for 2020 was ($7.0M), compared to ($30.4M) in 2019; total assets $306.9M, equity $99.1M.
- Goodwill remains $182.2M; cash and equivalents $15.4M at Dec 31, 2020.
- Unaudited pro forma combined financials for fiscal year ended Mar 31, 2021 also provided (Exhibit 99.2).

## SEC filing metadata
- accession: 0001104659-21-092159
- form_type: 8-K/A
- ticker: APPS
- cik: 0000317788
- company_name: Digital Turbine, Inc.
- filed_at: 2021-07-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/317788/000110465921092159/0001104659-21-092159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/317788/000110465921092159/tm2121631d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-092159
- JSON: https://secwatch.observer/filing/0001104659-21-092159.json
- Plain text: https://secwatch.observer/filing/0001104659-21-092159.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.