Annual report pursuant to Section 13 and 15(d)

Accounts Receivable

v3.21.1
Accounts Receivable
 12 Months Ended
Mar. 31, 2021
Receivables [Abstract]  
Accounts Receivable Accounts Receivable
March 31, 2021 March 31, 2020
Billed $ 28,636  $ 18,927 
Unbilled $ 38,837  $ 18,267 
Allowance for credit losses $ (5,488) $ (4,059)
Accounts receivable, net $ 61,985  $ 33,135 
Billed accounts receivable represent amounts billed to customers that have yet to be collected. Unbilled accounts receivable represent revenue recognized and contractually eligible to be billed but billed after period end. All unbilled receivables as of March 31, 2021 are expected to be billed and collected within twelve months.
The Company recorded $1,032, $1,739, and $300 of bad debt expense during the years ended March 31, 2021, 2020, and 2019 respectively.