v3.25.2
Property and Equipment
12 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
March 31, 2025March 31, 2024
Computer-related equipment$7,933 $7,057 
Developed software115,816 88,258 
Furniture and fixtures1,442 2,069 
Leasehold improvements3,648 3,690 
Property and equipment, gross128,839 101,074 
Accumulated depreciation(81,873)(55,292)
Property and equipment, net$46,966 $45,782 
Depreciation expense for the years ended March 31, 2025, 2024, and 2023, was $27,298, $19,504, and $16,465, respectively.
During the years ended March 31, 2025, 2024, and 2023, depreciation expense includes $27,089, $15,459, and $10,190, respectively, related to internal-use assets included in general and administrative expense and $209, $4,045, and $6,275, 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, 2025, 2024, and 2023, the Company did not write down any computer software balances to net realizable value.