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STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Sep. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Options

The following table summarizes the activity relating to the Company’s market-based stock options for the six-month period ended September 30, 2024:

			Options						Weighted- Average Exercise Price						Weighted Average Contractual Remaining Term (years)						Aggregate Intrinsic Values (in thousands)
Outstanding as of April 1, 2024			5,445						13.39						—						—
Granted			—						—						—						—
Exercised			—						—						—						—
Forfeited			(50)						3.13						—						—
Outstanding as of September 30, 2024			5,395						13.48						7.46						$	2,293
Vested as of September 30, 2024			—						—						—						$	—

The following table summarizes the activity relating to the Company’s stock options, excluding the market-based stock options, for the six-month period ended September 30, 2024:

			Options						Weighted- Average Exercise Price						Weighted Average Contractual Remaining Term (years)						Aggregate Intrinsic Values (in thousands)
Outstanding as of April 1, 2024			1,979						4.68						—						—
Granted			375						4.31						—						—
Exercised			—						—						—						—
Forfeited			(45)						5.96						—						—
Outstanding as of September 30, 2024			2,309						4.59						6.82						$	1,600
Vested as of September 30, 2024			1,972						4.64						6.33						$	1,370

Schedule of Fair Value Valuation Assumptions

The fair value of each option grant on the date of grant is estimated using the Black-Scholes option-pricing model reflecting the following weighted-average assumptions:

						September 30, 2023						September 30, 2024
Expected volatility						55.6		%				60.2		%
Expected life of options						6.1						6.5
Risk free interest rate						3.87		%				4.23		%
Dividend yield						—						—
Weighted-average fair value of options granted during the year						$1.66						$2.66

Schedule of Restricted Stock Activity

A summary of all unvested restricted stock for the six-month period ended September 30, 2024 is as follows:

						Number of Unvested Shares						Weighted- Average Grant Date Fair Value
Unvested, March 31, 2024						1,370						2.68
Granted						54						5.45
Vested						(1,370)						2.68
Forfeited or expired						—						—
Unvested, September 30, 2024						54						5.45

Schedule of Unvested SARs Activities

The following table summarizes the activities for the outstanding SARs:

			Number of SARs						Weighted- Average Exercise Price						Weighted Average Contractual Remaining Term (years)						Aggregate Intrinsic Values (in thousands)
Outstanding as of April 1, 2024			—						—
Acquired through MiX Combination			5,740						2.61
Granted			—						—
Exercised			(677)						2.97
Forfeited			(491)						2.42
Outstanding as of September 30, 2024			4,572						2.57						3.16
Vested as of September 30, 2024			1,420						3.08						1.41						$	2,710

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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