Commitments and contingencies (Tables)
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9 Months Ended |
Dec. 31, 2025 |
| Commitments and Contingencies Disclosure [Abstract] |
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| Schedule of variable lease components |
The table below presents the lease-related costs which are included in the consolidated statements of operations for the three and nine months ended December 31, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Nine Months Ended December 31, | | 2025 | | 2024 | | 2025 | | 2024 | | Lease cost | | | | | | | | | Finance lease costs: | | | | | | | | | Amortization of right-of-use asset | $ | 607 | | | $ | 607 | | | $ | 1,821 | | | $ | 1,821 | | | Interest on lease liabilities | 514 | | | 528 | | | 1,553 | | | 1,594 | | | Operating lease costs | 290 | | | 283 | | | 866 | | | 849 | | | Total lease cost | $ | 1,411 | | | $ | 1,418 | | | $ | 4,240 | | | $ | 4,264 | |
The following table summarizes the classification of lease costs in the consolidated statement of operations for the three and nine months ended December 31, 2025 and 2024 as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Nine Months Ended December 31, | | 2025 | | 2024 | | 2025 | | 2024 | | Finance Lease Costs | | | | | | | | | Research and development | $ | 607 | | | $ | 607 | | | $ | 1,821 | | | $ | 1,821 | | Other expenses | 514 | | | 528 | | | 1,553 | | | 1,594 | | | Operating Lease Costs | | | | | | | | | Research and development | 219 | | | 197 | | | 667 | | | 656 | | | Selling, general and administrative | 71 | | | 86 | | | 199 | | | 193 | | | Total lease cost | $ | 1,411 | | | $ | 1,418 | | | $ | 4,240 | | | $ | 4,264 | |
The following table provides lease disclosure for the nine months ended December 31, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended December 31, | | 2025 | | 2024 | | Other information | | | | | | | | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | | | Operating cash flows from operating leases | $ | 900 | | | | | $ | 876 | | | | | Operating cash flows from finance leases | $ | 1,553 | | | | | $ | 1,594 | | | | | Financing cash flows from finance leases | $ | 538 | | | | | $ | 436 | | | | Right-of-use asset obtained in exchange for new operating lease liabilities | $ | — | | | | | $ | — | | | | | Weighted-average remaining lease term - operating leases | 4.0 | | years | | 4.9 | | years | | Weighted-average remaining lease term - financing leases | 13.6 | | years | | 14.6 | | years | | Weighted-average discount rate - operating leases | 10.4 | % | | | | 10.3 | % | | | | Weighted-average discount rate - financing leases | 8.3 | % | | | | 8.3 | % | | |
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| Schedule of the maturity of company's lease liabilities |
The following table summarizes the maturity of the Company's lease liabilities on an undiscounted cash flow basis by fiscal year and a reconciliation to the operating and financing lease liabilities recognized on its balance sheet as of December 31, 2025: | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Operating leases | | Financing lease | | Total | | 2026 (remaining three months) | $ | 302 | | | $ | 708 | | | $ | 1,010 | | | 2027 | 1,170 | | | 2,883 | | | 4,053 | | | 2028 | 1,115 | | | 2,969 | | | 4,084 | | | 2029 | 1,027 | | | 3,058 | | | 4,085 | | | 2030 | 594 | | | 3,096 | | | 3,690 | | | Thereafter | 375 | | | 28,899 | | | 29,274 | | | Total lease payments | 4,583 | | | 41,613 | | | 46,196 | | | Less: interest | 856 | | | 16,622 | | | 17,478 | | | Total lease liabilities | $ | 3,727 | | | $ | 24,991 | | | $ | 28,718 | |
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| Schedule of additional information related to leases |
The following table provides lease disclosure as of December 31, 2025 and March 31, 2025: | | | | | | | | | | | | | December 31, 2025 | | March 31, 2025 | | Leases | | | | | Right-of-use operating lease asset | $ | 3,498 | | | $ | 3,998 | | | Right-of-use finance lease asset | 32,987 | | | 34,808 | | | Total lease assets | $ | 36,485 | | | $ | 38,806 | | | | | | | Operating lease liabilities, current | $ | 1,213 | | | $ | 1,184 | | | Finance lease liabilities, current | 2,862 | | | 2,799 | | | Operating lease liabilities, non-current | 2,514 | | | 3,076 | | | Finance lease liabilities, non-current | 22,129 | | | 22,729 | | | Total lease liabilities | $ | 28,718 | | | $ | 29,788 | |
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