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Property and Equipment
 12 Months Ended
Mar. 31, 2023
Property and Equipment  
Property and Equipment

Note 5 — Property and Equipment

 

The Company’s property and equipment at March 31, 2023 and 2022 was as follows (in thousands):


 

 

As of March 31,

 

 

2023

 

 

2022

 

Property and equipment, net

 

 

 

 

 

 

Computer, machinery, and software equipment

 

$

6,501

 

 

$

5,508

 

Furniture and fixtures

 

 

556

 

 

 

141

 

Leasehold improvements

 

 

531

 

 

 

531

 

Capitalized internally developed software

 

 

14,662

 

 

 

13,860

 

Total property and equipment

 

 

22,250

 

 

 

20,040

 

Less accumulated depreciation and amortization

 

 

(18,925

)

 

 

(15,352

)

Total property and equipment, net

 

$

3,325

 

 

$

4,688

 


Depreciation and amortization expense was $3.6 million and $3.6 million for the years ended March 31, 2023 and 2022, respectively.