Annual report pursuant to Section 13 and 15(d)

FIXED ASSETS, NET

v3.23.2
FIXED ASSETS, NET
12 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
FIXED ASSETS, NET FIXED ASSETS, NET
As of March 31, 2023 and 2022, fixed assets, net of the Company included the following:
March 31, 2023 March 31, 2022
(Recasted)
Buildings $ 19,569  $ 7,770 
Office equipment 11,004  4,633 
Processing and storage data centers 10,793  3,729 
Land 9,106  1,564 
Furniture 6,633  2,759 
Capital expenditures on leasehold improvements 3,288  1,239 
Vehicles 1,516  643 
Other 1,428  722 
Less: Accumulated depreciation (9,320) (5,236)
Total fixed assets, net $ 54,017  $ 17,823 
Depreciation expense totaled $4,083, $2,270 and $2,118 for the years ended March 31, 2023, 2022 and 2021 respectively.