| Financial Statement Components |
Financial Statement Components Accounts receivable, net consisted of the following (in thousands): | | | | | | | | | | | | | | March 31, 2026 | | March 31, 2025 | | Trade accounts receivable | $ | 51,191 | | | $ | 50,839 | | | Unbilled trade accounts receivable | 10,663 | | | 4,972 | | | Less: allowance for credit losses | (1,253) | | | (1,898) | | | Less: allowance for sales reserves | (3,597) | | | (4,233) | | | Total accounts receivable, net | $ | 57,004 | | | $ | 49,680 | |
Allowance for credit losses and sales reserves consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | March 31, 2025 | | Credit Losses | | Sales Reserves | | Credit Losses | | Sales Reserves | | Beginning balance | $ | (1,898) | | | $ | (4,233) | | | $ | (2,746) | | | $ | (2,502) | | | (Reserve) provision | (548) | | | (8,110) | | | (1,001) | | | (5,355) | | | Write-offs (recoveries) | 1,193 | | | 8,746 | | | 1,849 | | | 3,624 | | | Ending balance | $ | (1,253) | | | $ | (3,597) | | | $ | (1,898) | | | $ | (4,233) | |
Property and equipment, net consisted of the following (in thousands): | | | | | | | | | | | | | | March 31, 2026 | | March 31, 2025 | | Capitalized internal-use software | $ | 168,870 | | | $ | 143,866 | | | Computer equipment | 50,141 | | | 49,892 | | | Leasehold improvements | 28,266 | | | 28,239 | | | Furniture and fixtures | 10,346 | | | 10,767 | | | Construction in progress | — | | | 11,981 | | | Total property and equipment | 257,623 | | | 244,745 | | | Less: accumulated depreciation and amortization | (211,802) | | | (196,826) | | | Total property and equipment, net | $ | 45,821 | | | $ | 47,919 | |
The following table sets forth the property and equipment, net, geographic information for each period (in thousands): | | | | | | | | | | | | | March 31, 2026 | | March 31, 2025 | | United States | $ | 42,441 | | | $ | 45,677 | | | International | 3,380 | | | 2,242 | | | Total property and equipment, net | $ | 45,821 | | | $ | 47,919 | |
Depreciation and amortization expense was $18.1 million, $20.1 million, and $26.8 million for the years ended March 31, 2026, 2025, and 2024, respectively. Other current assets consisted of the following (in thousands): | | | | | | | | | | | | | | March 31, 2026 | | March 31, 2025 | | Prepaid expense | $ | 23,556 | | | $ | 21,769 | | | Contract assets | 6,113 | | | 7,009 | | | Other current assets | 2,981 | | | 5,961 | | | Total other current assets | $ | 32,650 | | | $ | 34,739 | |
Accrued and other liabilities consisted of the following (in thousands): | | | | | | | | | | | | | March 31, 2026 | | March 31, 2025 | | Accrued compensation | $ | 21,649 | | | $ | 17,745 | | | Accrued taxes | 23,238 | | | 24,186 | | | Other accrued liabilities | 24,980 | | | 21,094 | | | Total accrued and other liabilities | $ | 69,867 | | | $ | 63,025 | |
Other income (expense), net consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | Year Ended March 31, | | 2026 | | 2025 | | 2024 | | Loss on debt extinguishment | $ | (147) | | | $ | (12,325) | | | $ | (1,766) | | | Gain on warrants remeasurement | 864 | | | 2,225 | | | 2,176 | | | Interest income | 1,928 | | | 3,316 | | | 3,977 | | | Loss on sale of assets | — | | | — | | | (179) | | | Other expense | (292) | | | (3,616) | | | (731) | | | Other income (expense), net | $ | 2,353 | | | $ | (10,400) | | | $ | 3,477 | |
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