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Leases (Tables)
12 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Additional Lease Cost Information
Weighted-average remaining lease term and incremental borrowing rate for the Company’s operating leases are as follows:
20242023
Weighted average term - operating lease liabilities3.59 years2.87 years
Weighted average incremental borrowing rate - operating lease liabilities%12 %
Lease Cost
For the years ended March 31, 2024 and 2023, the following table presents total lease cost (in thousands):
20242023
Lease cost
Operating lease cost$1,945 $1,817 
Short term lease cost— 
Total lease cost$1,945 $1,824 
Supplemental Lease Information
The following table presents supplemental balance sheet information as of March 31, 2024 and 2023 (in thousands):
20242023
Non-current assets - right of use assets, net$4,432 $3,371 
Current liabilities - operating lease liabilities$1,850 $1,725 
Non-current liabilities - operating lease liabilities$3,446 $2,922 
Future Minimum Payments
Future minimum payments under existing non-cancelable leases for office and tower spaces (exclusive of real estate tax, utilities, maintenance and other costs borne by the Company) for the remaining terms of the leases following the year ended March 31, 2024 are as follows (in thousands):
Fiscal YearOperating
Leases
2025$2,230 
20261,492 
20271,079 
2028734 
2029471 
After 202954 
Total future minimum lease payments6,060 
Amount representing interest(764)
Present value of net future minimum lease payments$5,296