Property and Equipment |
Property and Equipment
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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December 31, 2022 |
|
March 31, 2022 |
|
|
|
|
|
Computer-related equipment |
|
$ |
3,469 |
|
|
$ |
2,855 |
|
Developed software |
|
59,045 |
|
|
41,011 |
|
Furniture and fixtures |
|
1,947 |
|
|
1,836 |
|
Leasehold improvements |
|
3,637 |
|
|
3,687 |
|
Property and equipment, gross |
|
68,098 |
|
|
49,389 |
|
Accumulated depreciation |
|
(29,339) |
|
|
(18,303) |
|
Property and equipment, net |
|
$ |
38,759 |
|
|
$ |
31,086 |
|
Depreciation expense was $4,014 and $11,722 for the three and nine months ended December 31, 2022, respectively, and $2,192 and $6,073 for the three and nine months ended December 31, 2021, respectively. Depreciation expense for the three and nine months ended December 31, 2022, includes $2,394 and $7,139, respectively, related to internal-use software included in general and administrative expense and $1,620 and $4,583, respectively, related to internally-developed software to be sold, leased, or otherwise marketed included in other direct costs of revenue. Depreciation expense for the three and nine months ended December 31, 2021, includes $1,316 and $3,137, respectively, related to internal-use software included in general and administrative expense and $1,510 and $2,936, respectively, related to internally-developed software to be sold, leased, or otherwise marketed included in other direct costs of revenue.
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