Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.22.1
Property and Equipment
6 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
September 30, 2021 March 31, 2021
(Unaudited)
Computer-related equipment $ 2,653  $ 2,263 
Developed software 27,550  18,473 
Furniture and fixtures 1,995  714 
Leasehold improvements 3,715  2,182 
Property and equipment, gross 35,913  23,632 
Accumulated depreciation (13,797) (10,582)
Property and equipment, net $ 22,116  $ 13,050 
Depreciation expense was $2,329 and $3,881 for the three and six months ended September 30, 2021, respectively, and $1,018 and $1,900 for the three and six months ended September 30, 2020, respectively. Depreciation expense for the three and six months ended September 30, 2021, includes $961 and $1,821, respectively, related to internal-use assets included in general and administrative expense and $734 and $1,426, 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, 2020, includes $356 and $678, respectively, related to internal-use assets included in general and administrative expense and $662 and $1,222, respectively, related to internally-developed software to be sold, leased, or otherwise marketed included in other direct costs of revenue.