Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.23.3
Property and Equipment
6 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
September 30, 2023 March 31, 2023
Computer-related equipment $ 3,582  $ 3,527 
Developed software 78,894  63,891 
Furniture and fixtures 2,027  2,103 
Leasehold improvements 3,641  3,647 
Property and equipment, gross 88,144  73,168 
Accumulated depreciation (43,213) (33,841)
Property and equipment, net $ 44,931  $ 39,327 
Depreciation expense was $4,529 and $9,584 for the three and six months ended September 30, 2023, respectively, and $3,893 and $7,708 for the three and six months ended September 30, 2022, respectively. Depreciation expense for the three and six months ended September 30, 2023, includes $3,020 and $6,319, respectively, related to internal-use software included in general and administrative expense and $1,509 and $3,265, 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 six months ended September 30, 2022, includes $2,130 and $4,745, respectively, related to internal-use software included in general and administrative expense and $1,763 and $2,963, respectively, related to internally-developed software to be sold, leased, or otherwise marketed included in other direct costs of revenue.