Quarterly report pursuant to Section 13 or 15(d)

BUSINESS ACQUISITION (Tables)

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BUSINESS ACQUISITION (Tables)
 6 Months Ended
Sep. 30, 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