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Leases (Tables)
9 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Components of Lease Expense and Supplemental Cash Flow/Balance Sheet Information Related to Leases
The components of lease expense were as follows (in thousands):
Three Months Ended December 31,Nine Months Ended December 31,
2024202320242023
Operating lease cost, net of sublease income
$509 $678 $1,755 $2,080 
Variable lease cost13 16 22 81 
Total lease cost$522 $694 $1,777 $2,161 
Supplemental cash flow information related to leases was as follows (in thousands):
Nine Months Ended December 31,
20242023
Cash paid for amounts included in measurement of lease liabilities—Operating cash flows$2,033 $1,648 
Supplemental balance sheet information related to leases was as follows:
December 31, 2024March 31, 2024
Weighted-average remaining lease term (in years)5.396.09
Weighted-average discount rate4.18 %4.18 %
Maturities of Operating Lease Liabilities
Maturities of operating lease liabilities, excluding sublease income, as of December 31, 2024 were as follows (in thousands):
Remainder of 2025$684 
20262,687 
20272,497 
20282,605 
20292,667 
Thereafter3,385 
Total future lease payments$14,525 
Less: imputed interest(1,578)
Present value of lease liabilities$12,947