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Other Long-Term Liabilities
 3 Months Ended
Jun. 30, 2023
Other Long-Term Liabilities [Abstract]  
Other Long-Term Liabilities

Note 12 — Other Long-Term Liabilities

 

Other long-term liabilities consisted of the following (in thousands):

 

   June 30,
2023		   March 31, 2023 
Contingent consideration from Gramophone acquisition  $174   $174 
Accrued royalties   4,535    3,788 
Accrued legal   4,865    5,616 
Total other long-term liabilities  $9,574   $9,578 

 

The Company classified $3.8 million of accrued royalties into long term based on contractual arrangements with the royalty holders. In addition, the Company accrued $5.6 million into long term liabilities as a result of the Sound Exchange settlement (Note 13 – Commitment and Contingencies). The amount included in Other long-term liabilities is comprised of a contingent consideration liability resulting from the business combination of Gramophone (see Note 17 - Fair Value Measurements).