INTANGIBLE ASSETS

3 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

9. INTANGIBLE ASSETS:

The amounts allocated to intangible assets from acquisitions include developed technology, customer relationships, and trade names. Intangible assets are summarized as follows (dollars in thousands):

	June 30, 2025		March 31, 2025
Developed technology, gross	$	94,000	$	94,000
Accumulated amortization	(78,167)		(75,666)
Net developed technology	$	15,833	$	18,334
Customer relationship/trade name, gross	$	30,000	$	30,000
Accumulated amortization	(28,416)		(28,167)
Net customer relationship/trade name	$	1,584	$	1,833
Total intangible assets, gross	$	124,000	$	140,000
Total accumulated amortization	(106,583)		(119,833)
Total intangible assets, net	$	17,417	$	20,167

Total amortization expense related to intangible assets was $2.8 million and $3.8 million for the three months ended June 30, 2025 and 2024, respectively.

The following table presents the estimated future amortization expenses related to intangible assets. The amount for fiscal 2026 represents the remaining nine months ending March 31, 2026. All other periods represent fiscal years ending March 31 (dollars in thousands).

Fiscal Year:	Amount
2026	$	8,250
2027	9,167
	$	17,417