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Property and Equipment, Net
3 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
June 30, 2025March 31, 2025
Furniture and equipment$1,977 $2,140 
Computers and software505 689 
Leasehold improvements816 816 
Internal-use software development costs37,380 34,958 
Total property and equipment40,678 38,603 
Less: accumulated depreciation and amortization(26,403)(24,947)
Total property and equipment, net$14,275 $13,656 
Depreciation and amortization expense on property and equipment was $1.8 million and $1.5 million for the three months ended June 30, 2025 and 2024, respectively. Included in these amounts was amortization expense for internal-use software development costs of $1.7 million and $1.3 million for the three months ended June 30, 2025 and 2024, respectively. The amortization of the internal-use software development costs is included in cost of revenue in the condensed consolidated statements of operations.
The Company capitalized internal-use software development costs of $2.5 million and $2.0 million during the three months ended June 30, 2025 and 2024, respectively. Internal-use software development costs are included in property and equipment, net in the condensed consolidated balance sheets.
During the second quarter of fiscal 2025, an immaterial impairment charge was recognized on property and equipment in connection with a sublease. No other impairment was recognized on property and equipment during the three months ended June 30, 2025 and 2024.