SOFTWARE DEVELOPMENT COSTS AND LICENSES

12 Months Ended

Mar. 31, 2022

SOFTWARE DEVELOPMENT COSTS AND LICENSES

SOFTWARE DEVELOPMENT COSTS AND LICENSES

SOFTWARE DEVELOPMENT COSTS AND LICENSES

    Details of our capitalized software development costs and licenses are as follows:

	March 31,
	2022				2021
	Current		Non-current		Current		Non-current
Software development costs, internally developed	$	59,187	$	599,299	$	22,225	$	412,919
Software development costs, externally developed	19,258		145,195		7,349		75,086
Licenses	2,949		11,394		13,869		2,887
Software development costs and licenses	$	81,394	$	755,888	$	43,443	$	490,892

    Software development costs and licenses, net of current portion as of March 31, 2022 and 2021 included $738,038 and $483,110, respectively, related to titles that have not been released.

    Amortization and impairment of software development costs and licenses are as follows:

	Fiscal Year Ended March 31,
	2022		2021		2020
Amortization of software development costs and licenses	$	131,049	$	113,897	$	321,956
Impairment of software development costs and licenses	70,611		39,073		—
Less: Portion representing stock-based compensation	(48,381)		(8,707)		(154,031)
Amortization and impairment, net of stock-based compensation	$	153,279	$	144,263	$	167,925

    The impairment charges related to (i) a decision not to proceed with further development of certain interactive entertainment software products, and (ii) recognizing unamortized capitalized costs for the development of a title, which were anticipated to exceed the net realizable value of the asset at the time they were impaired.