Goodwill and Intangible Assets

9 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill

Changes in the carrying amount of goodwill, net, by segment follow:

	ODM		IAM-A		IAM-F		Consolidated
Goodwill as of March 31, 2021	$	80,176	$	—	$	—	$	80,176
Purchase of AdColony	—		199,050		—		199,050
Purchase of Fyber	—		—		298,911		298,911
Foreign currency translation and other	—		(10)		(23,152)		(23,162)
Goodwill as of December 31, 2021	$	80,176	$	199,040	$	275,759	$	554,975

Intangible Assets

The components of intangible assets as of December 31, 2021, and March 31, 2021, were as follows:

	As of December 31, 2021
	(Unaudited)
	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	12.34 years	$	173,408	$	(16,488)	$	156,920
Developed technology	6.51 years	151,973		(23,675)		128,298
Trade names	6.44 years	68,260		(6,374)		61,886
Publisher relationships	19.00 years	102,587		(3,156)		99,431
Total		$	496,228	$	(49,693)	$	446,535

	As of March 31, 2021
	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	16.81 years	$	46,400	$	(4,171)	$	42,229
Developed technology	9.12 years	20,526		(11,141)		9,385
Trade names	9.92 years	2,000		(314)		1,686
Total		$	68,926	$	(15,626)	$	53,300

The Company recorded amortization expense of $13,773 and $34,873, respectively, during the three and nine months ended December 31, 2021, and $670 and $2,011, respectively, during the three and nine months ended December 31, 2020, in general and administrative expenses on the condensed consolidated statements of operations and comprehensive income / (loss).

Estimated amortization expense in future fiscal years is expected to be:

Remainder of fiscal year 2022	$	13,561
Fiscal year 2023	54,243
Fiscal year 2024	54,243
Fiscal year 2025	46,147
Fiscal year 2026	44,240
Thereafter	234,101
Total	$	446,535