v3.26.1
Intangible Assets and Goodwill
 12 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets
Intangible assets, net consisted of the following (in thousands):
As of March 31,
20262025
Customer relationships$37,069 $37,069 
Developed technology18,700 — 
Other intangibles1,594 1,531 
Total intangible assets57,363 38,600 
Less: accumulated amortization(22,038)(15,528)
Total intangible assets, net$35,325 $23,072 
Amortization expense for intangible assets was $6.5 million, $4.3 million and $4.6 million for the fiscal years ended March 31, 2026, 2025, and 2024 respectively.
No impairment charges on intangible assets were recorded during the fiscal years ended March 31, 2026 and 2025.
As of March 31, 2026, future amortization expense is as follows (in thousands):
Fiscal Years Ending March 31,Amount
2027$7,762 
20287,762 
20297,762 
20307,762 
20314,277 
Total future amortization expense$35,325 
Goodwill
The changes in the carrying amount of goodwill were as follows (in thousands):
Fiscal Year Ended March 31, 2026
Balance, beginning of period$67,940 
Goodwill acquired17,033 
Balance, end of period$84,973 
There were no changes to the Company's goodwill balance of $67.9 million during the fiscal year ended March 31, 2025. No impairment charges on goodwill were recorded during the fiscal years ended March 31, 2026, 2025, and 2024.