XML 32 R20.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Leases
 3 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
The Company has non-cancelable operating leases for the rental of office space with various expiration dates through 2030.
The components of lease expense were as follows (in thousands):
Three Months Ended June 30,
20242023
Operating lease cost$631 $701 
Variable lease cost6 20 
Total lease cost$637 $721 
Supplemental cash flow information related to leases was as follows (in thousands):
Three Months Ended June 30,
20242023
Cash paid for amounts included in measurement of lease liabilities—Operating cash flows$666 $167 
Supplemental balance sheet information related to leases was as follows:
June 30, 2024March 31, 2024
Weighted-average remaining lease term (in years)5.866.09
Weighted-average discount rate4.18 %4.18 %
Maturities of operating lease liabilities as of June 30, 2024 were as follows (in thousands):
Remainder of 2025$2,051 
20262,687 
20272,497 
20282,605 
20292,667 
Thereafter3,385 
Total future lease payments$15,892 
Less: imputed interest(1,861)
Present value of lease liabilities$14,031