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Goodwill and Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets [Abstract]  
Intangible Assets Subject to Amortization
The following is a summary of acquired intangible assets subject to amortization:

 
       
March 31, 2022
   
March 31, 2021
 
   
Weighted
Average
Amortization
Period
   
Gross Carrying
Value
   
Accumulated
Amortization
   
Gross Carrying
Value
   
Accumulated
Amortization
 
Intangible assets subject to amortization
   
0
                         
Trademarks
 
9 years
   
$
705,000
   
$
513,000
   
$
842,000
   
$
551,000
 
Customer relationships
 
11 years
     
8,799,000
     
6,188,000
     
8,780,000
     
5,305,000
 
Developed technology
 
5 years
     
2,888,000
     
1,892,000
     
2,870,000
     
1,307,000
 
Total
 
9 years
   
$
12,392,000
   
$
8,593,000
   
$
12,492,000
   
$
7,163,000
 
Amortization Expense for Acquired Intangible Assets
Amortization expense for acquired intangible assets is as follows:

 
 
Years Ended March 31,
 
 
 
2022
   
2021
   
2020
 
 
                 
Amortization expense
 
$
1,548,000
   
$
1,571,000
   
$
1,770,000
 
Estimated Future Amortization Expense for Intangible Assets
The estimated future amortization expense for acquired intangible assets subject to amortization is as follows:

Year Ending March 31,
     
2023
 
$
1,520,000
 
2024
   
1,133,000
 
2025
   
514,000
 
2026
   
369,000
 
2027
   
263,000
 
Total
 
$
3,799,000