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8. LEASES (Tables)

9 Months Ended

Dec. 31, 2021

LEASES

Summary of balance sheet information related to leases

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​	​	​	​	​	​	​
​	​	As of		​	As of
​	​	December 31, 2021		​	March 31, 2021
​	​	(In thousands)
Operating Leases	​	​	​	​	​	​
Operating lease right-of-use assets	​	$	560	​	$	677
​	​	​	​	​	​	​
Lease liabilities-current	​	$	324	​	$	375
Lease liabilities-non-current	​	​	256	​	​	324
Total operating lease liabilities	​	$	580	​	$	699

Summary of components of lease costs

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Three Months Ended December 31,

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Nine Months Ended December 31,

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2021

2020

​

2021

2020

​

​

(In thousands)

​

(In thousands)

Operating lease cost

​

$

98

​

$

172

​

$

325

​

$

504

Short-term lease cost

​

​

84

​

​

8

​

​

197

​

​

23

​

​

$

182

​

$

180

​

$

522

​

$

527

Summary of other information related to leases

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​	​	​	​	​	​	​
​	​	Nine Months Ended December 31,
​	​	2021			2020
​	​	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities	​	​	​	​	​	​
Operating cash flows from operating leases	​	$	329	​	$	175
​	​	​	​	​	​	​
Right-of-use assets obtained in exchange for lease obligations	​	​	​	​	​	​
Operating leases	​	$	174	​	$	658
​	​	​	​	​	​	​
Weighted-average remaining lease term (years):	​	​	​	​	​	​
Operating leases	​	​	2	​	​	2.2
​	​	​	​	​	​	​
Weighted-average discount rate:	​	​	​	​	​	​
Operating leases	​	​	4.33%	​	​	4.86%

Summary of maturities of the lease liabilities

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​	​	​	​	​	​	​
​	​	​	​	​	Operating Lease
​	​	​	​		Liabilities
Fiscal Year	​	​	​	​	(In thousands)
2022 (Remaining three months)	​	​	​	​	$	91
2023	​	​	​	​	​	316
2024	​	​	​	​	​	165
2025	​	​	​	​	​	31
Total undiscounted future cash flows	​	​	​	​	​	603
Less: Imputed interest	​	​	​	​	​	(23)
Present value of undiscounted future cash flows	​	​	​	​	$	580
​	​	​	​	​	​	​
Presentation on statement of financial position	​	​	​	​	​	​
Current	​	​	​	​	$	324
Non-current	​	​	​	​	$	256

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- Definition

Tabular disclosure of balance sheet information related to leases.

+ References

No definition available.

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Tabular disclosure of other information related to leases.

+ References

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

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