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LEASES
 6 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Leases LEASESThe Company determines whether a contract contains a lease at inception of the contract and whether that lease meets the classification criteria of a finance or operating lease. When readily determinable, the Company uses the rate implicit in the lease to discount lease payments to present value; however, most of the Company’s leases do not provide a readily determinable implicit rate. Therefore, the Company must discount lease payments based on an estimate of its incremental borrowing rate.
The table below presents the lease related assets and liabilities recorded on the Company’s Condensed Consolidated Balance Sheets as of September 30, 2022:
 Classification on Balance SheetSeptember 30, 2022
Assets
Operating lease assetsRight-of-use assets$13,602 
Total lease assets $13,602 
  
Liabilities 
Operating lease liabilityLease liability$13,348 
Total lease liability $13,348 
The following table presents as of September 30, 2022, the annual maturities of the lease liabilities:
Twelve months ending March 31,
 
2023$2,505
20243,555 
20252,922 
20262,409 
20271,681 
Thereafter3,607 
Total payments16,679 
Less: amounts representing interest3,331 
Lease liability, net$13,348 
Weighted average remaining lease term (in months)23
Weighted average discount rate12 %
Lease commitments for short term operating leases as of September 30, 2022, was approximately $296. The Company’s lease expense for office space was $573 and $1,116 for the three and six months ended September 30, 2022, and $398 and $550 September 30, 2021, respectively.