Goodwill and Intangible Assets (Tables)

3 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The Company currently has two reporting units. The following table presents the changes in the carrying amount of goodwill for the three months ended June 30, 2023 (in thousands):

	Goodwill
Balance as of March 31, 2023	$	23,379
Acquisitions		-
Balance as of June 30, 2023	$	23,379

Schedule of Changes in Carrying Amount of Indefinite-Lived Intangible Assets

The following table presents the changes in the carrying amount of indefinite-lived intangible assets in the Company’s Audio Group segment for the three months ended June 30, 2023 (in thousands):

	Tradenames
Balance as of March 31, 2023	$	4,637
Acquisitions		-
Impairment losses		-
Balance as of June 30, 2023	$	4,637

Schedule of Finite-Lived Intangible Assets

The Company’s finite-lived intangible assets were as follows as of June 30, 2023 (in thousands):

	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Software	$	19,281	$	19,281	$	-
Intellectual property (patents)		5,366		1,969		3,397
Customer relationships		6,570		6,570		-
Content creator relationships		772		772		-
Domain names		523		149		374
Brand and trade names		1,143		374		769
Customer list		2,767		1,156		1,611
Total	$	36,422	$	30,271	$	6,151

	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Software	$	19,281	$	19,281	$	-
Intellectual property (patents)		5,366		1,878		3,488
Customer relationships		6,570		6,570		-
Content creator relationships		772		772		-
Domain names		523		137		386
Brand and trade names		1,143		347		796
Customer list		2,767		1,039		1,728
Total	$	36,422	$	30,024	$	6,398

Schedule of Amortization of Intangible Assets

The Company expects to record amortization of intangible assets for fiscal years ending March 31, 2024 and future fiscal years as follows (in thousands):

For Years Ending March 31,
2024 (remaining nine months)	$	741
2025		985
2026		985
2027		977
2028		842
Thereafter		1,621
	$	6,151