v3.26.1
Goodwill and Intangible Assets
12 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
Changes in the carrying amount of goodwill by segment for the years ended March 31, 2026 and 2025:
ODSAGPTotal
Goodwill as of March 31, 2024
$80,176 $139,896 $220,072 
Acquisition (Note 3)— 1,785 1,785 
Foreign currency translation
— (116)(116)
Goodwill as of March 31, 2025
80,176 141,565 221,741 
Foreign currency translation— 1,312 1,312 
Goodwill as of March 31, 2026
$80,176 $142,877 $223,053 
Accumulated goodwill impairment on our consolidated balance sheet was $336,640 as of March 31, 2026 and 2025. See Note 2—Basis of Presentation and Summary of Significant Accounting Policies for discussion of the goodwill impairment recorded during the year ended March 31, 2024.
Intangible Assets
The components of intangible assets, net as of March 31, 2026 and 2025 were as follows:
 
As of March 31, 2026
Weighted-Average Remaining Useful LifeCostAccumulated AmortizationNet
Customer relationships10.36 years$137,836 $(48,670)$89,166 
Developed technology2.38 years145,487 (99,268)46,219 
Publisher relationships14.92 years109,542 (27,479)82,063 
Total$392,865 $(175,417)$217,448 
 
As of March 31, 2025
Weighted-Average Remaining Useful LifeCostAccumulated AmortizationNet
Customer relationships11.29 years$137,094 $(39,153)$97,941 
Developed technology3.34 years144,948 (78,526)66,422 
Trade names0.33 years69,966 (63,844)6,122 
Publisher relationships15.89 years108,879 (21,667)87,212 
Total$460,887 $(203,190)$257,697 
During the fiscal years ended March 31, 2026, 2025, and 2024, the Company recorded amortization expense of $41,598, $55,612, and $64,358, respectively, in general and administrative expenses on the consolidated statements of operations and comprehensive income (loss).
During the years ended March 31, 2026 and 2025, certain fully amortized intangible assets of approximately $70,242 and $31,000, respectively, were removed from gross intangible assets and accumulated amortization, with no corresponding impact to the consolidated statements of operations and comprehensive income (loss). Once an intangible asset is fully amortized, it's the Company's policy to remove both its cost and accumulated amortization from its consolidated balance sheet.
Estimated amortization expense as of March 31, 2026 is expected to be as follows:
Fiscal year 2027$35,412 
Fiscal year 202835,412 
Fiscal year 202918,458 
Fiscal year 203014,654 
Fiscal year 203114,482 
Thereafter99,030 
Total$217,448 
The expected amortization expense is an estimate. Actual amounts of amortization expense may differ from estimated amounts due to additional intangible asset acquisitions, changes in foreign currency exchange rates, impairment of intangible assets, future changes to expected asset lives of intangible assets and other events.