Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.22.4
Property and Equipment
9 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
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.