BUSINESS COMBINATION (Tables)

9 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of purchase consideration for the acquisition

The total purchase consideration for the acquisition of Pivot3 was $7.8 million, which consisted of the following (in thousands):

Cash	$	5,000
Fair value of stock consideration	2,818
Total	$	7,818

Future expected amortization expense for intangible assets

The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of the date of the acquisition (in thousands):

	Amount		Estimated Useful Life
Goodwill	$	6,796
Identified intangible assets:
Developed technology	1,700		2 years
Customer lists	3,700		4 years
Property, plant and equipment	4,300		3 years
Net liabilities assumed	(8,678)
Total	$	7,818