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Intangible Assets and Goodwill
 6 Months Ended
Sep. 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):
September 30, 2025March 31, 2025
Customer relationships$37,069 $37,069 
Developed technology
18,700 — 
Other intangibles1,531 1,531 
Total intangible assets57,300 38,600 
Less: accumulated amortization(18,157)(15,528)
Total intangible assets, net$39,143 $23,072 
Amortization expense for intangible assets was $1.6 million and $1.0 million for the three months ended September 30, 2025 and 2024, respectively, and $2.6 million and $2.1 million for the six months ended September 30, 2025 and 2024, respectively.
No impairment charges on intangible assets were recorded during the three and six months ended September 30, 2025 and 2024.
As of September 30, 2025, future amortization expense is as follows (in thousands):
Year Ending March 31, Amount
Remainder of 2026$3,876 
20277,750 
20287,750 
20297,750 
20307,750 
Thereafter4,267 
Total future amortization expense$39,143 
Goodwill
The changes in the carrying amount of goodwill were as follows (in thousands):
Six Months Ended September 30, 2025
Balance, beginning of period$67,940 
Goodwill acquired17,033 
Balance, end of period$84,973 
No impairment charges on goodwill were recorded during the three and six months ended September 30, 2025 and 2024.