XML 24 R14.htm IDEA: XBRL DOCUMENT v3.22.4
Property and Equipment, Net
 9 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
December 31, 2022March 31, 2022
Furniture and equipment$2,795 $336 
Computers and software745 769 
Leasehold improvements889 796 
Internal-use software development costs19,160 15,057 
Total property and equipment23,589 16,958 
Less: accumulated depreciation and amortization(12,070)(8,470)
Total property and equipment, net$11,519 $8,488 
Depreciation and amortization expense on property and equipment for the three and nine months ended December 31, 2022 was $1.4 million and $4.0 million, respectively. Included in these amounts was amortization expense for internal-use software development costs of $1.2 million and $3.5 million for the three and nine months ended December 31, 2022, respectively. Depreciation and amortization expense on property and equipment for the three and nine months ended December 31, 2021 was $1.1 million and $2.8 million, respectively. Included in these amounts was amortization expense for internal-use software development costs of $1.0 million and $2.5 million for the three and nine months ended December 31, 2021, respectively. The amortization of the internal-use software development costs is included in cost of revenue in the condensed consolidated statements of operations.
During the three and nine months ended December 31, 2022, the Company capitalized $1.2 million and $4.1 million, respectively, and, during the three and nine months ended December 31, 2021, capitalized $1.2 million and $3.1 million, respectively, of internal-use software development costs, which are included in property and equipment, net in the condensed consolidated balance sheets.
No impairment was recognized on property and equipment during the three and nine months ended December 31, 2022 and 2021.