XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.22.4

Leases | 9 Months Ended
--- | ---
Dec. 31, 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 and the related right-of-use asset and lease liability of $10.9 million was recognized. In the second quarter of fiscal 2023, the remaining portion of the office space lease in Irving, Texas commenced and has an 8-year term. Upon commencement, a right-of-use asset and lease liability of $3.9 million was recognized. The components of lease expense were as follows (in thousands):
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2022 |  | 2021 |  | 2022 |  | 2021
Operating lease cost | $ | 701 |  |  | $ | 285 |  |  | $ | 1,891 |  |  | $ | 846 |
Variable lease cost | 15 |  |  | 25 |  |  | 187 |  |  | 74 |
Total lease cost | $ | 716 |  |  | $ | 310 |  |  | $ | 2,078 |  |  | $ | 920 |
Supplemental cash flow information related to leases was as follows (in thousands):
| Nine Months Ended December 31,
| 2022 |  | 2021
Cash paid for amounts included in measurement of lease liabilities—Operating cash flows | $ | 551 |  |  | $ | 782 |
Supplemental balance sheet information related to leases was as follows:
| December 31, 2022 |  | March 31, 2022
Weighted-average remaining lease term (in years) | 7.17 |  | 1.64
Weighted-average discount rate | 4.18 | % |  | 3.95 | %
Maturities of operating lease liabilities as of December 31, 2022 were as follows (in thousands):
Remainder of 2023 | $ | 167 |
2024 | 2,238 |
2025 | 2,411 |
2026 | 2,458 |
2027 | 2,497 |
Thereafter | 8,656 |
Total future lease payments | $ | 18,427 |
Less: imputed interest | (2,788) |
Present value of lease liabilities | $ | 15,639 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration