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Property and Equipment
9 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 5 — Property and Equipment

 

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

 

   December 31,   March 31, 
   2022   2022 
Property and equipment, net        
Computer, machinery, and software equipment  $6,490   $6,609 
Furniture and fixtures   565    556 
Leasehold improvements   531    531 
Capitalized internally developed software   14,162    12,344 
Total property and equipment   21,748    20,040 
Less accumulated depreciation and amortization   (18,071)   (15,352)
Total property and equipment, net  $3,677   $4,688 

 

Depreciation expense was $1.1 million and $2.9 million for the three and nine months ended December 31, 2022, respectively, and $0.9 million and $2.7 million for the three and nine months ended December 2021, respectively. During the three and nine months ended December 31, 2022, the Company recognized an impairment of $0.1 million related to capitalized internally developed software that is included in product development expense in the condensed consolidated statement of operations.