PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS |
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| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS | PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS Property and equipment consisted of the following as of March 31, 2026 and 2025 (in thousands):
Intangible assets consisted of the following as of March 31, 2026 and 2025 (in thousands):
Total depreciation expense for property and equipment during the fiscal years ended March 31, 2026, 2025, and 2024 was $7.2 million, $6.7 million, and $7.9 million, respectively. Total amortization expense for internally developed software during the fiscal years ended March 31, 2026, 2025, and 2024 was $2.0 million, $4.5 million, and $4.7 million, respectively. Amortization expense related to finance leases amounted to $0.1 million, $0.2 million, and $0.2 million for fiscal years ended March 31, 2026, 2025, and 2024, respectively. The Company recorded non-cash impairment of $1.1 million, $2.1 million and $2.6 million relating to internally developed software as part of a strategic shift to a new e-commerce platform for the fiscal years ended March 31, 2026 and 2025 and 2024, respectively. Depreciation, amortization and impairment expense is included in general and administrative expenses on the consolidated statements of operations and comprehensive loss. As of March 31, 2026 and 2025, equipment that was leased under finance leases and included in property and equipment, net in the consolidated balance sheets was de minimis.
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