Goodwill and Intangible Assets

12 Months Ended

Mar. 31, 2022

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 follows:

	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	—		—		298,983		298,983
Foreign currency translation and other	—		(15,204)		(3,213)		(18,417)
Goodwill as of March 31, 2022	$	80,176	$	183,846	$	295,770	$	559,792

Intangible Assets

The components of intangible assets as of March 31, 2022, and March 31, 2021, were as follows:

	As of March 31, 2022
	Weighted-Average Remaining Useful Life	Cost		Accumulated Amortization		Net
Customer relationships	12.01 years	$	171,060	$	(19,636)	$	151,424
Developed technology	6.26 years	144,581		(18,103)		126,478
Trade names	3.33 years	69,205		(8,523)		60,682
Publisher relationships	18.77 years	106,514		(4,509)		102,005
Total		$	491,360	$	(50,771)	$	440,589

	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

During the fiscal years ended March 31, 2022, 2021, and 2020, the Company recorded amortization expense of $48,420, $2,782 and $218, respectively, in general and administrative expenses on the consolidated statements of operations and comprehensive income / (loss).

As of March 31, 2022, the Company changed the useful lives of all its trade names intangible assets to approximately 3.33 years due to the planned rebranding of the Company's recent acquisitions, which will begin during the Company's fiscal year ended March 31, 2023. The estimated amortization expense in future fiscal years disclosed below reflect this change in the useful lives of the Company's trade names intangible assets.

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

Fiscal year 2023	$	64,259
Fiscal year 2024	64,259
Fiscal year 2025	54,601
Fiscal year 2026	34,180
Fiscal year 2027	34,180
Thereafter	189,110
Total	$	440,589