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Intangible Assets and Goodwill
 9 Months Ended
Dec. 31, 2023
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):
December 31, 2023March 31, 2023
Customer relationships$37,069 $37,069 
Other intangibles1,531 1,531 
Total intangible assets38,600 38,600 
Less: accumulated amortization(10,221)(6,764)
Total intangible assets, net$28,379 $31,836 
Amortization expense for intangible assets was $1.1 million and $3.5 million for the three and nine months ended December 31, 2023, respectively. Amortization expense for intangible assets was $1.2 million and $3.6 million for the three and nine months ended December 31, 2022, respectively.
No impairment charges on intangible assets were recorded during the three and nine months ended December 31, 2023 and 2022.
As of December 31, 2023, future amortization expense is as follows (in thousands):
Year Ending March 31, Amount
Remainder of 2024$1,062 
20254,245 
20264,012 
20274,010 
20284,010 
20294,010 
Thereafter7,030 
Total future amortization expense$28,379 
Goodwill
As of December 31, 2023 and March 31, 2023, the Company’s goodwill balance was $67.9 million. No impairment charges on goodwill were recorded during the three and nine months ended December 31, 2023 and 2022.