Our capitalized software costs are summarized as follows:


	June 30, 2023			March 31, 2023
Gross carrying amount	$	133,305		$	131,791
Accumulated amortization		(76,500	)		(77,275	)
Net capitalized software costs	$	56,805		$	54,516

Amortization expense related to capitalized software costs was $5,936 and $5,354 for the three months ended June 30, 2023 and 2022, respectively, and is recorded as cost of revenue in the condensed consolidated statements of net income and comprehensive income.

The following table presents the remaining estimated amortization of capitalized software costs as of June 30, 2023. The estimated amortization is comprised of (i) amortization of released products and (ii) the expected amortization for products that are not yet available for sale based on their estimated economic lives and projected general release dates.


For the year ended March 31,
2024	$	23,300
2025		19,700
2026		10,700
2027		3,105
Total	$	56,805