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Intangible Assets and Goodwill
3 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets
Intangible assets, net consisted of the following (in thousands):
June 30, 2022March 31, 2022
Customer relationships$37,069 $9,869 
Other intangibles1,531 11 
Total intangible assets38,600 9,880 
Less: accumulated amortization(3,170)(1,971)
Total intangible assets, net$35,430 $7,909 
Amortization expense for intangible assets was $1.2 million and $0.3 million for the three months ended June 30, 2022 and 2021, respectively.
No impairment charges on intangible assets were recorded during the three months ended June 30, 2022 and 2021.
As of June 30, 2022, future amortization expense is as follows (in thousands):
Year Ending March 31, Amount
Remainder of 2023$3,594 
20244,519 
20254,245 
20264,012 
20274,010 
20284,010 
Thereafter11,040 
Total future amortization expense$35,430 
Goodwill
The changes in the carrying amount of goodwill were as follows (in thousands):
Three Months Ended June 30, 2022
Balance, beginning of period$18,915 
Goodwill acquired49,025 
Balance, end of period67,940 
No impairment charges on goodwill were recorded during the three months ended June 30, 2022 and 2021.