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Leases | 12 Months Ended
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Mar. 31, 2024
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 fiscal year ended March 31, 2023, the office space lease in Irving, Texas with an approximately 8-year term commenced and a related right-of-use asset and lease liability of $14.8 million was recognized. The components of lease expense were as follows (in thousands):
| Fiscal Year Ended March 31,
| 2024 |  | 2023 |  | 2022
Operating lease cost | $ | 2,711 |  |  | $ | 2,592 |  |  | $ | 1,159 |
Variable lease cost | 87 |  |  | 104 |  |  | 114 |
Total lease cost | $ | 2,798 |  |  | $ | 2,696 |  |  | $ | 1,273 |
Supplemental cash flow information related to leases was as follows (in thousands):
| Fiscal Year Ended March 31,
| 2024 |  | 2023 |  | 2022
Cash paid for amounts included in measurement of lease liabilities—Operating cash flows | $ | 2,314 |  |  | $ | 718 |  |  | $ | 1,107 |
Supplemental balance sheet information related to leases was as follows:
| Fiscal Year Ended March 31,
| 2024 |  | 2023 |  | 2022
Weighted-average remaining lease term (in years) | 6.09 |  | 7.06 |  | 1.64
Weighted-average discount rate | 4.18 | % |  | 4.18 | % |  | 3.95 | %
Maturities of operating lease liabilities as of March 31, 2024 were as follows (in thousands):
| Operating Leases
2025 | $ | 2,717 |
2026 | 2,687 |
2027 | 2,497 |
2028 | 2,605 |
2029 | 2,667 |
Thereafter | 3,385 |
Total future lease payments | 16,558 |
Less: imputed interest | (2,012) |
Present value of lease liabilities | $ | 14,546 |

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- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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