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Intangible Assets and Goodwill
 3 Months Ended
Jun. 30, 2025
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):
June 30, 2025March 31, 2025
Customer relationships$37,069 $37,069 
Other intangibles1,531 1,531 
Total intangible assets38,600 38,600 
Less: accumulated amortization(16,531)(15,528)
Total intangible assets, net$22,069 $23,072 
Amortization expense for intangible assets was $1.0 million and $1.1 million for the three months ended June 30, 2025 and 2024, respectively.
No impairment charges on intangible assets were recorded during the three months ended June 30, 2025 and 2024.
As of June 30, 2025, future amortization expense is as follows (in thousands):
Year Ending March 31, Amount
Remainder of 2026$3,009 
20274,010 
20284,010 
20294,010 
20304,010 
Thereafter3,020 
Total future amortization expense$22,069 
Goodwill
As of June 30, 2025 and March 31, 2025, the Company’s goodwill balance was $67.9 million. No impairment charges on goodwill were recorded during the three months ended June 30, 2025 and 2024.