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Property and Equipment, net
12 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

Note 5 - Property and Equipment, net

 

Property and equipment, net, consists of the following:

 

               
    As of
March 31,
 
    2024     2023  
Software and computer equipment[1]   $ 5,009     $ 3,481  
Leasehold improvements[1]     1,095       854  
Office equipment[1]     528       450  
Internal-use software under development     769       875  
Furniture and fixtures[1]     110       130  
Vehicles     247       250  
Property and equipment, gross   $ 7,758     $ 6,040  
Accumulated depreciation and amortization[1]     (4,179 )     (2,915 )
Property and equipment, net   $ 3,579     $ 3,125  

 

 
[1] Property and equipment held under finance lease arrangements amounted to $443 and $542 as of March 31, 2024 and 2023, respectively. Accumulated depreciation for property and equipment held under finance lease arrangements was $1,127 and $971 as of March 31, 2024 and March 31, 2023, respectively. Depreciation expense in respect to these assets was $401 and $386 for the years ended March 31, 2024 and 2023, respectively.

 

During the year ended March 31, 2024 and 2023, the Company sold property and equipment for the sale proceeds of $11 and $12, respectively. As a result of the sale, the Company recorded a loss of $12 and $54 in the year ended March 31, 2024 and 2023, respectively.

 

For the year ended March 31, 2024, and 2023 depreciation and amortization expense was $1,352 and $1,172, respectively.