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Revenue (Tables) | 6 Months Ended
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Sep. 30, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The table below presents the total revenue for each type of contract:
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Cost-reimbursable | $ | 1,463,949 |  | 55 | % |  | $ | 1,201,407 |  | 52 | % |  | $ | 2,914,133 |  | 55 | % |  | $ | 2,392,235 |  | 53 | %
Time-and-materials | 638,607 |  | 24 | % |  | 564,438 |  | 25 | % |  | 1,274,340 |  | 24 | % |  | 1,110,340 |  | 24 | %
Fixed-price | 563,726 |  | 21 | % |  | 533,131 |  | 23 | % |  | 1,132,295 |  | 21 | % |  | 1,046,001 |  | 23 | %
Total Revenue | $ | 2,666,282 |  | 100 | % |  | $ | 2,298,976 |  | 100 | % |  | $ | 5,320,768 |  | 100 | % |  | $ | 4,548,576 |  | 100 | %
Revenue by Customer Type:
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
U.S. government(1): |  |  |  |  |  |  |  |  |  |  |
Defense Clients | $ | 1,270,135 |  | 48 | % |  | $ | 1,028,275 |  | 45 | % |  | $ | 2,494,452 |  | 47 | % |  | $ | 2,056,086 |  | 45 | %
Intelligence Clients | 444,982 |  | 17 | % |  | 425,874 |  | 18 | % |  | 921,479 |  | 17 | % |  | 829,997 |  | 18 | %
Civil Clients | 916,069 |  | 34 | % |  | 781,279 |  | 34 | % |  | 1,821,029 |  | 34 | % |  | 1,535,939 |  | 34 | %
Total U.S. government | 2,631,186 |  | 99 | % |  | 2,235,428 |  | 97 | % |  | 5,236,960 |  | 98 | % |  | 4,422,022 |  | 97 | %
Global Commercial Clients | 35,096 |  | 1 | % |  | 63,548 |  | 3 | % |  | 83,808 |  | 2 | % |  | 126,554 |  | 3 | %
Total Revenue | $ | 2,666,282 |  | 100 | % |  | $ | 2,298,976 |  | 100 | % |  | $ | 5,320,768 |  | 100 | % |  | $ | 4,548,576 |  | 100 | %
(1) Certain contracts were reassigned between the various verticals of our U.S. government business shown in the table above to better align our operations to the customers we serve within each market. Prior year revenue by customer type has been recast to reflect the changes. Revenue by Whether the Company Acts as a Prime Contractor or a Subcontractor:
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Prime Contractor | $ | 2,537,085 |  | 95 | % |  | $ | 2,179,375 |  | 95 | % |  | $ | 5,054,643 |  | 95 | % |  | $ | 4,310,670 |  | 95 | %
Subcontractor | 129,197 |  | 5 | % |  | 119,601 |  | 5 | % |  | 266,125 |  | 5 | % |  | 237,906 |  | 5 | %
Total Revenue | $ | 2,666,282 |  | 100 | % |  | $ | 2,298,976 |  | 100 | % |  | $ | 5,320,768 |  | 100 | % |  | $ | 4,548,576 |  | 100 | %
Schedule of Contract Assets and Liabilities | The following table summarizes the contract assets and liabilities, and accounts receivable, net of allowance recognized on the Company’s condensed consolidated balance sheets:
|  | September 30, 2023 |  | March 31, 2023
Current assets |  |  |  |
Accounts receivable–billed |  | $ | 678,241 |  |  | $ | 551,666 |
Accounts receivable–unbilled (contract assets) |  | 1,331,785 |  |  | 1,223,482 |
Allowance for credit losses |  | (179) |  |  | (318) |
Accounts receivable, net |  | 2,009,847 |  |  | 1,774,830 |
Other long-term assets |  |  |  |
Accounts receivable–unbilled (contract assets) |  | 59,653 |  |  | 59,455 |
Total accounts receivable, net |  | $ | 2,069,500 |  |  | $ | 1,834,285 |
Other current liabilities |  |  |  |
Advance payments, billings in excess of costs incurred and deferred revenue (contract liabilities) |  | $ | 14,918 |  |  | $ | 18,995 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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