v3.25.4
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Accounting Standards
Recently Adopted Accounting Standards
StandardDescriptionEffective DateEffect on the Consolidated Financial Statements (or Other Significant Matters)
Accounting Standards Update ("ASU") No. 2025-05 (Topic 326): Financial Instrument - Credit Losses
In July 2025, the Financial Accounting Standards Board ("FASB") issued a new standard to simplify the estimation of credit losses. The standard provides a practical expedient for measuring expected credit losses on current accounts receivable and current contract assets arising under Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers.
We early adopted this standard as of April 1, 2025 and elected to apply the related practical expedient.This standard did not have a significant impact on our results of operations, cash flows, financial condition, or disclosures.
Recently Issued Accounting Standards Not Yet Adopted
StandardDescriptionEffective DateEffect on the Consolidated Financial Statements (or Other Significant Matters)
ASU No. 2023-09 (Topic 740): Income TaxesIn December 2023, the FASB issued a new standard to improve income tax disclosures. The standard requires greater disaggregated information about a reporting entity’s effective tax rate reconciliation as well as information on income taxes paid.This standard will be effective for us for our annual period beginning April 1, 2025.This standard will result in additional annual tax disclosures and is not expected to have an impact on our results of operations, cash flows, or financial condition.
ASU No. 2024-03 (Subtopic 220-40): Disaggregation of Income Statement ExpensesIn November 2024, the FASB issued a new standard to improve income statement expense disclosures. The standard requires greater disaggregated information on certain expense captions, as well as disclosures about selling expenses.This standard will be effective for us for our annual period beginning April 1, 2027 and interim periods beginning April 1, 2028, with early adoption permitted.We are currently evaluating the impact of this standard on our consolidated financial statements and disclosures.
ASU No. 2025-06 (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use SoftwareIn September 2025, the FASB issued a new standard to modernize the recognition and disclosure framework for internal-use software costs, removing the previous “development stage” model and introducing a more judgment-based approach. This standard will be effective for us for our interim period beginning April 1, 2028, with early adoption permitted.We are currently evaluating the impact of this standard on our consolidated financial statements and disclosures.
ASU No. 2025-12: Codification ImprovementsIn December 2025, the FASB issued a new standard to address suggestions received from stakeholders regarding the ASC and to make other incremental improvements to GAAP. The update represents changes to the ASC that clarify, correct errors in or make other improvements to a variety of topics that are intended to make it easier to understand and apply.This standard will be effective for us for our interim period beginning April 1, 2027, with early adoption permitted.We are currently evaluating the impact of this standard on our consolidated financial statements and disclosures.
Schedule of Financial Instruments Measured at Fair value The following table summarizes the composition of our financial liabilities measured at fair value as of March 31, 2025:
Level 1Level 2Level 3Total
Contingent consideration$— $— $873 $873