Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets

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Goodwill and Intangible Assets
 9 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
Changes in the carrying amount of goodwill, net, by segment follows:
ODS AGP Total
Goodwill as of March 31, 2022
 $ 80,176  $ 479,616  $ 559,792 
Purchase of In App Video —  5,008  5,008 
Foreign currency translation and other —  (4,460) (4,460)
Goodwill as of December 31, 2022
 $ 80,176  $ 480,164  $ 560,340 
Intangible Assets
The components of intangible assets as of December 31, 2022, and March 31, 2022, were as follows:
 
As of December 31, 2022
Weighted-Average Remaining Useful Life Cost Accumulated Amortization Net
Customer relationships 12.11 years $ 170,030  $ (34,935) $ 135,095 
Developed technology 5.53 years 146,419  (33,601) 112,818 
Trade names 2.58 years 69,922  (22,503) 47,419 
Publisher relationships 18.07 years 108,821  (8,972) 99,849 
Total $ 495,192  $ (100,011) $ 395,181 
 
As of March 31, 2022
Weighted-Average Remaining Useful Life Cost Accumulated Amortization Net
Customer relationships 12.01 years $ 171,060  $ (19,636) $ 151,424 
Developed technology 6.26 years 144,581  (18,103) 126,478 
Trade names 3.33 years 69,205  (8,523) 60,682 
Publisher relationships 18.77 years 106,514  (4,509) 102,005 
Total $ 491,360  $ (50,771) $ 440,589 
The Company recorded amortization expense of $16,120 and $48,422, respectively, during the three and nine months ended December 31, 2022, and $13,773 and $34,873, respectively, during the three and nine months ended December 31, 2021, in general and administrative expenses on the condensed consolidated statements of operations and comprehensive income / (loss). As of March 31, 2022, the Company changed the useful lives of all its trade names intangible assets to approximately 3.33 years due to the planned rebranding of the Company’s recent acquisitions, which began during the three months ended June 30, 2022.
Estimated amortization expense in future fiscal years is expected to be:
Fiscal year 2023 $ 16,090 
Fiscal year 2024 64,361 
Fiscal year 2025 55,740 
Fiscal year 2026 41,491 
Fiscal year 2027 35,372 
Thereafter 182,127 
Total $ 395,181