v3.26.1
Property and Equipment, Net
3 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
June 30, 2026March 31, 2026
Furniture and equipment$2,039 $1,977 
Computers and software295 295 
Leasehold improvements816 816 
Internal-use software development costs49,771 46,324 
Total property and equipment52,921 49,412 
Less: accumulated depreciation and amortization(33,678)(31,332)
Total property and equipment, net$19,243 $18,080 
Depreciation and amortization expense on property and equipment was $2.4 million and $1.8 million for the three months ended June 30, 2026 and 2025, respectively. Included in these amounts was amortization expense for internal-use software development costs of $2.2 million and $1.7 million for the three months ended June 30, 2026 and 2025, respectively. The amortization of the internal-use software development costs is included in cost of revenue in the condensed consolidated statements of operations.
The Company capitalized internal-use software development costs of $3.5 million and $2.5 million during the three months ended June 30, 2026 and 2025, respectively. Internal-use software development costs are included in property and equipment, net in the condensed consolidated balance sheets.
No impairment was recognized on property and equipment during the three months ended June 30, 2026 and 2025.