Annual report pursuant to Section 13 and 15(d)

BUSINESS ACQUISITION (Tables)

v3.21.1
BUSINESS ACQUISITION (Tables)
12 Months Ended
Mar. 31, 2021
Business Combinations [Abstract]  
Schedule of finite lived intangibles acquired
The following table summarizes intangible assets related to the SBS acquisition as of March 31, 2021:
Intangible assets, net March 31, 2021
Gross Carrying Value Accumulated Amortization Net Carrying Amount
   Developed technology $ 4,700  $ (473) $ 4,227 
   Customer lists 900  (90) 810 
Intangible assets, net $ 5,600  $ (563) $ 5,037 
Future expected amortization expense for intangible assets As of March 31, 2021, the future expected amortization expense for intangible assets is as follows (in thousands):
Fiscal year ending Estimated future amortization expense
2022 1,867 
2023 1,867 
2024 1,303 
2025 — 
Thereafter — 
Total $ 5,037 
Schedule of goodwill
Goodwill
Amount
Balance at March 31, 2020 $ — 
Goodwill acquired 3,466 
Balance at March 31, 2021 $ 3,466