v3.26.1
Property and Equipment, Net
 12 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
(5) Property and Equipment, Net
Major classifications of property and equipment consist of the following (in thousands):
March 31,
20262025
Building$14,999 $14,999 
Land3,700 3,700 
Building Improvements4,511 4,627 
Computer Software25,950 21,312 
Furniture, fixtures and equipment9,078 9,431 
58,238 54,069 
Less: accumulated depreciation and amortization(31,912)(25,210)
Property and equipment, net$26,326 $28,859 
For Fiscal Year 2026, Fiscal Year 2025, and Fiscal Year 2024, the Company recorded depreciation and amortization expense on property and equipment of $7.4 million, $5.1 million, and $5.1 million, respectively.
The Company evaluated its tangible property and equipment for indicators of impairment as of March 31, 2026 and 2025 and concluded that no impairment existed.