Property and Equipment |
Property and Equipment
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2021 |
|
March 31, 2021 |
|
|
(Unaudited) |
|
|
Computer-related equipment |
|
$ |
2,676 |
|
|
$ |
2,263 |
|
Developed software |
|
33,510 |
|
|
18,473 |
|
Furniture and fixtures |
|
1,966 |
|
|
714 |
|
Leasehold improvements |
|
3,724 |
|
|
2,182 |
|
Property and equipment, gross |
|
41,876 |
|
|
23,632 |
|
Accumulated depreciation |
|
(16,014) |
|
|
(10,582) |
|
Property and equipment, net |
|
$ |
25,862 |
|
|
$ |
13,050 |
|
Depreciation expense was $2,192 and $6,073 for the three and nine months ended December 31, 2021, respectively, and $1,151 and $3,052 for the three and nine months ended December 31, 2020, respectively. Depreciation expense for the three and nine months ended December 31, 2021, includes $1,316 and $3,137, respectively, related to internal-use assets 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. Depreciation expense for the three and nine months ended December 31, 2020, includes $403 and $1,081, respectively, related to internal-use assets included in general and administrative expense and $748 and $1,971, respectively, related to internally-developed software to be sold, leased, or otherwise marketed included in other direct costs of revenue.
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