Quarterly report [Sections 13 or 15(d)]

Accounts Receivable

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Accounts Receivable
3 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Accounts Receivable Accounts Receivable
Accounts receivable consisted of the following:
June 30,
March 31,
2026 2026
Billed $ 172,720  $ 159,381 
Unbilled 99,080  100,342 
Allowance for credit losses (8,737) (8,483)
Accounts receivable, net $ 263,063  $ 251,240 
All unbilled receivables as of June 30, 2026 are expected to be billed and collected, subject to the allowance for credit losses, within twelve months.
Allowance for Credit Losses
The changes to the allowance for credit losses on accounts receivable for the three months ended June 30, 2026 were as follows:
Allowance for credit losses as of March 31, 2026 $ 8,483 
Provision for credit losses 277 
Write-offs (23)
Allowance for credit losses as of June 30, 2026 $ 8,737 
The Company recorded $277 and $788 of credit loss expense during the three months ended June 30, 2026 and 2025, respectively. The provision for credit loss expense is reported in general and administrative expenses on the condensed consolidated statements of operations and comprehensive income (loss).