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Fair Value Measurements (Tables)

12 Months Ended

Mar. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

Cash, cash equivalents, and available-for-sale investments were as follows (in thousands):

			As of March 31, 2025
			Amortized Costs												Gross Unrealized Loss						Estimated Fair Value						Cash and Cash Equivalents						Restricted Cash (Current & Non-current)						Short-Term Investments
Cash			$	64,765											$	—					$	64,765					$	63,953					$	812					$	—
Level 1:
Money market funds			24,559												—						24,559						24,097						462						—
Total assets			$	89,324											$	—					$	89,324					$	88,050					$	1,274					$	—

			As of March 31, 2024
			Amortized Costs												Gross Unrealized Loss						Estimated Fair Value						Cash and Cash Equivalents						Restricted Cash (Current & Non-current)						Short-Term Investments
Cash			$	53,943											$	—					$	53,943					$	53,943					$	—					$	—
Level 1:
Money market funds			37,633												—						37,633						37,172						461						—
Subtotal			91,576												—						91,576						91,115						461						—
Level 2:
Term deposit			25,147												—						25,147						25,147						—						—
Commercial paper			1,049												(1)						1,048						—						—						1,048
Subtotal			26,196												(1)						26,195						25,147						—						1,048
Total assets			$	117,772											$	(1)					$	117,771					$	116,262					$	461					$	1,048

Schedule of Assumptions Used in Determination of Fair Value

The following table presents additional information about valuation techniques and inputs used for the Warrants (see Note 8, Convertible Senior Notes and Term Loan) that are measured at fair value and categorized within Level 3 as of March 31, 2025 and March 31, 2024 (dollars in thousands):

			March 31, 2025						March 31, 2024
Estimated fair value of detachable warrants			$	1,096					$	3,321
Unobservable inputs:
Stock volatility			79.8		%				87.2		%
Risk-free rate			3.9		%				4.3		%
Expected term			2.4 years						3.4 years

X

- Definition

Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
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-Name Accounting Standards Codification
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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
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