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INTANGIBLE ASSETS AND GOODWILL
 6 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
The Company capitalizes costs for software to be sold, marketed, or leased to customers. Costs incurred internally in researching and developing software products are charged to expense until technological feasibility has been established for the product. Once technological feasibility is established, software costs are capitalized until the product is available for general release to customers. Judgment is required in determining when technological feasibility of a product is established. The amortization of these costs is included in cost of revenue over the estimated life of the products.
The following table summarizes identifiable intangible assets of the Company as of March 31, 2024 and September 30, 2024 (in thousands):

September 30, 2024Useful Lives (In Years)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Amortized:
Customer relationships
9 - 13
$132,264 $(13,171)$119,093 
Trademark and tradename
3 - 15
17,553 (4,625)12,928 
Patents
7 - 11
628 (508)120 
Technology
5 - 7
43,745 (13,912)29,833 
Software to be sold or leased
3 - 6
6,416 (1,235)5,181 
200,606 (33,451)167,155 
Unamortized:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$200,771 $(33,451)$167,320 

March 31, 2024Useful Lives (In Years)Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Amortized:
Customer relationships
9 - 12
$19,264 $(8,012)$11,252 
Trademark and tradename
3 - 15
7,553 (3,877)3,676 
Patents
7 - 11
628 (464)164 
Technology
 7
10,911 (10,911)— 
Software to be sold or leased
3
5,159 (764)4,395 
43,515 (24,028)19,487 
Unamortized:
Customer list104 — 104 
Trademark and tradename61 — 61 
165 — 165 
Total$43,680 $(24,028)$19,652 

At September 30, 2024, the weighted-average amortization periods for customer relationships, trademarks and tradenames, patents, technology, and capitalized software to be sold or leased were 12.8, 12.1, 7.0, 5.0, and 3.0 years, respectively.

Amortization expense for the three- and six-month periods ended September 30, 2023 was $1,813 and $3,169, respectively, and for the three- and six-month periods ended September 30, 2024 was $3,837 and $9,423, respectively.
Estimated future amortization expense for each of the five succeeding fiscal years for these intangible assets is as follows:

2025 (remaining)$9,504 
202622,144 
202720,630 
202818,127 
202914,741 
Thereafter82,009 
$167,155 

Refer to Note 3 for the change in the carrying amount of goodwill from April 1, 2024 to September 30, 2024 as a result of the MiX Combination.

For the six-month period ended September 30, 2024, the Company did not identify any indicators of impairment.