v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Amortizable Intangible Assets

Amortizable intangible assets are amortized over their estimated economic useful life to reflect the pattern of economic benefits consumed based upon the following lives and methods:

 

Patents

 

10-17 years

 

Straight-line

Licenses

 

7-13 years

 

Straight-line

Customer relationships

 

5-8 years

 

Accelerated based upon the pattern of economic benefits
consumed

Vendor relationships

 

5-8 years

 

Accelerated based upon the pattern of economic benefits
consumed

Developed technology

 

8 years

 

Accelerated based upon the pattern of economic benefits
consumed

Tradename

 

5-10 years

 

Straight-line

 

Summary of Components and Changes in Other Intangible Assets

The components of, and changes in, the carrying amount of other intangible assets were as follows (dollars in thousands):

 

 

March 31, 2026

 

 

March 31, 2025

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

 

Weighted Average Useful Life

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

Amortized Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

1,865

 

 

$

(1,603

)

 

$

262

 

 

 

8.5

 

 

$

1,895

 

 

$

(1,568

)

 

$

327

 

Licenses

 

 

58

 

 

 

(58

)

 

 

 

 

 

 

 

 

58

 

 

 

(58

)

 

 

 

Trade name and trademarks

 

 

300

 

 

 

(209

)

 

 

91

 

 

 

1.5

 

 

 

300

 

 

 

(150

)

 

 

150

 

Customer relationships

 

 

5,000

 

 

 

(5,000

)

 

 

 

 

 

 

 

 

5,000

 

 

 

(4,763

)

 

 

237

 

Vendor relationships

 

 

2,600

 

 

 

(1,297

)

 

 

1,303

 

 

 

3.5

 

 

 

2,600

 

 

 

(925

)

 

 

1,675

 

Developed technology

 

 

900

 

 

 

(900

)

 

 

 

 

 

 

 

 

900

 

 

 

(900

)

 

 

 

Total Amortized Intangible Assets

 

$

10,723

 

 

$

(9,067

)

 

$

1,656

 

 

 

4.2

 

 

$

10,753

 

 

$

(8,364

)

 

$

2,389

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade name and trademarks

 

$

990

 

 

$

 

 

$

990

 

 

 

 

 

$

990

 

 

$

 

 

$

990

 

Total Indefinite-lived Intangible Assets

 

$

990

 

 

$

 

 

$

990

 

 

 

 

 

$

990

 

 

$

 

 

$

990

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Other Intangible Assets

 

$

11,713

 

 

$

(9,067

)

 

$

2,646

 

 

 

 

 

$

11,743

 

 

$

(8,364

)

 

$

3,379

 

Summary of Estimated Amortization Expense

The estimated amortization expense for each of the next five years is shown below (dollars in thousands):

Fiscal 2027

 

 

475

 

Fiscal 2028

 

 

439

 

Fiscal 2029

 

 

403

 

Fiscal 2030

 

 

218

 

Fiscal 2031

 

 

22

 

Thereafter

 

 

99

 

 

$

1,656

 

Amortization expense is set forth in the following table (dollars in thousands):

 

 

Fiscal Year Ended March 31,

 

 

 

2026

 

 

2025

 

 

2024

 

Amortization included in cost of revenue:

 

 

 

 

 

 

 

 

 

Patents

 

$

65

 

 

$

171

 

 

$

99

 

Total

 

$

65

 

 

$

171

 

 

$

99

 

Amortization included in operating expenses:

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

237

 

 

$

467

 

 

$

525

 

Vendor relationships

 

 

371

 

 

 

371

 

 

 

371

 

Tradename

 

 

60

 

 

 

60

 

 

 

90

 

Total

 

 

668

 

 

 

898

 

 

 

986

 

Total amortization of intangible assets

 

$

733

 

 

$

1,069

 

 

$

1,085