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LEASES | 6 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2024 | Mar. 31, 2024
Leases [Abstract] |  |
LEASES | LEASES Supplemental balance sheet information related to leases is as follows (in thousands):
Operating Leases |  | September 30, 2024 |  | March 31, 2024 |  |
Operating lease right-of-use asset |  | $ | 9,164 |  |  | $ | 9,425 |  |  |
Operating lease liability with other accrued liabilities |  | 1,375 |  |  | 1,256 |  |  |
Operating lease liability, net |  | 9,366 |  |  | 9,621 |  |  |
Total operating lease liabilities |  | $ | 10,741 |  |  | $ | 10,877 |  |  |
Components of lease cost were as follows (in thousands):
|  | Three Months Ended September 30, |  | Six Months Ended September 30,
Lease Cost |  | 2024 |  | 2023 |  | 2024 |  | 2023
Operating lease cost |  | $ | 779 |  |  | $ | 731 |  |  | $ | 1,491 |  |  | $ | 1,606 |
Variable lease cost |  | 82 |  |  | 60 |  |  | 152 |  |  | 182 |
Total lease cost |  | $ | 861 |  |  | $ | 791 |  |  | $ | 1,643 |  |  | $ | 1,788 |
Maturity of Lease Liabilities |  | Operating Leases
Remainder of fiscal year 2025 |  | $ | 1,389 |
2026 |  | 2,317 |
2027 |  | 1,797 |
2028 |  | 1,568 |
2029 |  | 1,220 |
Thereafter |  | 12,089 |
Total lease payments |  | $ | 20,380 |
Less: imputed interest |  | (9,639) |
Present value of lease liabilities |  | $ | 10,741 |
Lease Term and Discount Rate |  | September 30, 2024 |  | March 31, 2024
Weighted average remaining operating lease term (years) |  | 10.15 |  | 10.53
Weighted average discount rate for operating leases |  | 12.6 | % |  | 12.6 | %
Operating cash outflows related to operating leases totaled $1.4 million and $1.6 million for the six months ended September 30, 2024 and 2023, respectively. | LEASES Supplemental balance sheet information related to leases is as follows (in thousands):
|  | Year Ended March 31, |  |
Operating leases |  | 2024 |  | 2023 |  | 2022 |  |
Operating lease right-of-use assets |  | $ | 9,425 |  |  | $ | 10,291 |  |  | $ | 11,107 |  |  |
Other current liabilities |  | $ | 1,256 |  |  | $ | 1,364 |  |  | $ | 1,727 |  |  |
Operating lease liability |  | 9,621 |  |  | 10,169 |  |  | 9,891 |  |  |
Total operating lease liabilities |  | $ | 10,877 |  |  | $ | 11,533 |  |  | $ | 11,618 |  |  |
The components of lease expense were as follows (in thousands):
|  | Year Ended March 31,
Lease expense |  | 2024 |  | 2023 |  | 2022
Operating lease expense |  | $ | 3,007 |  |  | $ | 4,276 |  |  | $ | 3,727 |
Variable lease expense |  | 291 |  |  | 753 |  |  | 643 |
Short-term lease expense |  | — |  |  | — |  |  | 15 |
Total lease expense |  | $ | 3,298 |  |  | $ | 5,029 |  |  | $ | 4,385 |
Maturity of Lease Liabilities |  | Operating Leases
2024 |  | $ | 2,538 |
2025 |  | 2,062 |
2026 |  | 1,714 |
2027 |  | 1,523 |
2028 |  | 1,207 |
Thereafter |  | 12,083 |
Total lease payments |  | $ | 21,127 |
Less: Imputed interest |  | (10,250) |
Present value of lease liabilities |  | $ | 10,877 |
Lease Term and Discount Rate |  | March 31,
|  | 2024 |  | 2023 |  | 2022
Weighted average remaining operating lease term (years) |  | 10.53 |  | 10.85 |  | 10.88
Weighted average discount rate for operating leases |  | 12.64 | % |  | 12.66 | % |  | 12.9 | %
Operating cash outflows related to operating leases totaled $2.9 million, $3.5 million and $3.7 million for the fiscal years ended March 31, 2024, March 31, 2023, and March 31, 2022, respectively.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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