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Business Combinations (Tables)
12 Months Ended
Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Purchase Consideration Allocation The purchase consideration allocation was as follows (in thousands):
Assets acquired:
Cash and cash equivalents$1,972 
Accounts receivable4,075 
Other assets1,503 
Customer relationships10,280 
Total assets acquired$17,830 
Liabilities assumed:
Accounts payable and accrued liabilities$2,030 
Net assets acquired, excluding goodwill15,800 
Goodwill$18,915 
Total purchase consideration$34,715 
The purchase consideration allocation was as follows (in thousands):
Assets acquired:
Accounts receivable$447 
Customer relationships27,200 
Developed technology820 
Trademark700 
Total assets acquired$29,167 
Liabilities assumed:
Deferred revenue$2,925 
Other liabilities633 
Net assets acquired, excluding goodwill25,609 
Goodwill$49,025 
Total purchase consideration$74,634 
Intangible Assets, Net
Intangible assets, net consisted of the following (in thousands):
As of March 31,
20232022
Customer relationships$37,069 $9,869 
Other intangibles1,531 11 
Total intangible assets38,600 9,880 
Less: accumulated amortization(6,764)(1,971)
Total intangible assets, net$31,836 $7,909 
Future Amortization Expense
As of March 31, 2023, future amortization expense is as follows (in thousands):
Fiscal Years Ending March 31,Amount
2024$4,519 
20254,245 
20264,012 
20274,010 
20284,010 
Thereafter11,040 
Total future amortization expense$31,836