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Property and Equipment, Net
12 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
As of March 31,
20242023
Furniture and equipment$2,833 $2,816 
Computers and software745 745 
Leasehold improvements992 888 
Internal-use software development costs26,827 20,405 
Total property and equipment31,397 24,854 
Less: accumulated depreciation and amortization(19,079)(13,575)
Total property and equipment, net$12,318 $11,279 
Depreciation and amortization expense on property and equipment for the fiscal years ended March 31, 2024, 2023, and 2022 was $5.7 million, $5.5 million and $4.0 million, respectively. Included in these amounts was amortization expense for internal-use software development costs of $5.0 million, $4.8 million and $3.5 million for the fiscal years ended March 31, 2024, 2023, and 2022, respectively.
During the years ended March 31, 2024, 2023, and 2022, the Company capitalized $6.8 million, $5.3 million, and $4.3 million, respectively, of internal-use software development costs, which are included in property and equipment, net on the consolidated balance sheets.
No impairment was recognized on property and equipment during the years ended March 31, 2024, 2023, and 2022.