Property and Equipment |
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| Property and Equipment | Property and Equipment
Depreciation expense was $5,615 for the three months ended June 30, 2024, and $5,055 for the three months ended June 30, 2023.
Depreciation expense for the three months ended June 30, 2024, includes $5,481 related to internal-use software included in general and administrative expense and $134 related to internally-developed software to be sold, leased, or otherwise marketed included in other direct costs of revenue. Depreciation expense for the three months ended June 30, 2023, includes $3,299 related to internal-use software included in general and administrative expense and $1,756 related to internally-developed software to be sold, leased, or otherwise marketed included in other direct costs of revenue.
Cloud Computing Arrangements
As of June 30, 2024, the net carrying value of capitalized implementation costs related to cloud computing arrangements that were incurred during the application development stage was $6,657, of which $1,233 was
included in prepaid expenses and other current assets and $5,425 was included in other non-current assets.
As of March 31, 2024, the net carrying value of capitalized implementation costs related to cloud computing arrangements that were incurred during the application development stage was $6,965, of which $1,239 was included in prepaid expenses and other current assets and $5,727 was included in other non-current assets.
As of June 30, 2024 and 2023, amortization expenses for implementation costs of cloud-based computing arrangements were $305 and $0, respectively.
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