Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable

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Accounts Receivable
 6 Months Ended
Sep. 30, 2015
Receivables [Abstract]  
Accounts Receivable
Accounts Receivable
 
 
September 30, 2015
 
March 31, 2015
Billed
 
$
10,229

 
$
8,409

Unbilled
 
4,956

 
4,463

Allowance for doubtful accounts
 
(701
)
 
(698
)
Accounts receivable, net
 
$
14,484

 
$
12,174



Billed accounts receivable represent amounts billed to customers that have yet to be collected. Unbilled accounts receivable represent revenue recognized but billed after the period end. All unbilled receivables as of September 30, 2015 and March 31, 2015 are expected to be billed and collected within twelve months.
The Company recorded $164 of bad debt expense during the three and six months ended September 30, 2015, and recorded no significant bad debt expenses during the three and six months ended September 30, 2014.