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Intangible Assets | 12 Months Ended
--- | ---
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible Assets Intangible assets, net consisted of the following (in thousands):
| As of March 31,
| 2024 |  | 2023
Customer relationships | $ | 37,069 |  |  | $ | 37,069 |
Other intangibles | 1,531 |  |  | 1,531 |
Total intangible assets | 38,600 |  |  | 38,600 |
Less: accumulated amortization | (11,283) |  |  | (6,764) |
Total intangible assets, net | $ | 27,317 |  |  | $ | 31,836 |
Amortization expense for intangible assets was $4.6 million, $4.8 million and $1.0 million for the fiscal years ended March 31, 2024, 2023, and 2022 respectively. As of March 31, 2024, future amortization expense is as follows (in thousands):
Fiscal Years Ending March 31, | Amount
2025 | $ | 4,245 |
2026 | 4,012 |
2027 | 4,010 |
2028 | 4,010 |
2029 | 4,010 |
Thereafter | 7,030 |
Total future amortization expense | $ | 27,317 |
Goodwill There was no change to the Company’s goodwill balance of $67.9 million during the fiscal year ended March 31, 2024. The changes in the carrying amount of goodwill for the fiscal year ended March 31, 2023 were as follows (in thousands):
| Fiscal Year Ended March 31, 2023
Balance, beginning of period | $ | 18,915 |
Goodwill acquired | 49,025 |
Balance, end of period | $ | 67,940 |
No impairment charges on goodwill were recorded during the fiscal years ended March 31, 2024, 2023, and 2022.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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