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Leases
 3 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Leases Leases
The Company has non-cancelable operating leases for the rental of office space with various expiration dates through 2030. During the first quarter of fiscal 2023, a portion of the office space lease in Irving, Texas with an approximately 8-year term commenced. The related right-of-use asset and lease liability of $10.9 million was recognized upon lease commencement.
The components of lease expense were as follows (in thousands):
Three Months Ended June 30,
20222021
Operating lease cost$489 $275 
Variable lease cost39 35 
Total lease cost$528 $310 
Supplemental cash flow information related to leases was as follows (in thousands):
Three Months Ended June 30,
20222021
Cash paid for amounts included in measurement of lease liabilities—Operating cash flows$227 $470 
Supplemental balance sheet information related to leases was as follows (in thousands):
June 30, 2022March 31, 2022
Weighted-average remaining lease term (in years)7.601.64
Weighted-average discount rate4.17 %3.95 %
Maturities of lease liabilities as of June 30, 2022 were as follows (in thousands):
Operating Leases
Remainder of 2023$628 
20241,610 
20251,747 
20261,782 
20271,810 
Thereafter6,518 
Total future lease payments14,095 
Less: imputed interest(2,326)
Present value of lease liabilities11,769 
As of June 30, 2022, a portion of the office space lease in Irving, Texas had not yet commenced. The lease, with total undiscounted lease payments of $4.8 million and an 8-year term, is expected to commence in the second quarter of fiscal 2023.