Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.24.1.1.u2
Property and Equipment
 12 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
March 31, 2024 March 31, 2023
Computer-related equipment $ 7,057  $ 3,527 
Developed software 88,258  63,891 
Furniture and fixtures 2,069  2,103 
Leasehold improvements 3,690  3,647 
Property and equipment, gross 101,074  73,168 
Accumulated depreciation (55,292) (33,841)
Property and equipment, net $ 45,782  $ 39,327 
Depreciation expense for the years ended March 31, 2024, 2023, and 2022, was $19,504, $16,465, and $9,032, respectively.
During the years ended March 31, 2024, 2023, and 2022, depreciation expense includes $15,459, $10,190, and $4,617, respectively, related to internal-use assets included in general and administrative expense and $4,045, $6,275, and $4,415, respectively, related to internally-developed software to be sold, leased, or otherwise marketed included in other direct costs of revenue.
During the years ended March 31, 2024, 2023, and 2022, the Company did not write down any computer software balances to net realizable value.