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8. LEASES (Tables)

12 Months Ended

Mar. 31, 2025

LEASES

Summary of balance sheet information related to leases

​

​	​	​	​	​	​	​
​	​	As of		​	As of
​	​	March 31, 2025		​	March 31, 2024
​	​	(In thousands)
Operating Leases	​	​	​	​	​	​
Operating lease right-of-use assets	​	$	9,547	​	$	1,553
​	​	​	​	​	​	​
Lease liabilities-current	​	$	1,642	​	$	567
Lease liabilities-non-current	​	​	8,001	​	​	955
Total operating lease liabilities	​	$	9,643	​	$	1,522

Summary of components of lease costs

​

​	​	​	​	​	​	​
​	​	Year Ended March 31,
​	​	2025			2024
​	​	(In thousands)
Operating lease cost	​	$	1,607	​	$	572
Short-term lease cost	​	​	33	​	​	32
​	​	$	1,640	​	$	604

Summary of other information related to leases

​

​	​	​	​	​	​	​
​	​	Year Ended March 31,
​	​	2025			2024
​	​	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities	​	​	​	​	​	​
Operating cash flows from operating leases	​	$	1,471	​	$	570
​	​	​	​	​	​	​
Right-of-use assets obtained in exchange for lease obligations	​	​	​	​	​	​
Operating leases	​	$	9,092	​	$	1,445
​	​	​	​	​	​	​
Weighted-average remaining lease term (years):	​	​	​	​	​	​
Operating leases	​	​	8.58	​	​	2.78
​	​	​	​	​	​	​
Weighted-average discount rate:	​	​	​	​	​	​
Operating leases	​	​	6.24%	​	​	4.22%

Summary of maturities of the lease liabilities

​

​	​	​	​
​	​	Operating Lease
​	​	Liabilities
Fiscal Year	​	(In thousands)
2026	​	$	1,685
2027	​	​	1,582
2028	​	​	1,192
2029	​	​	1,220
2030	​	​	1,257
Thereafter	​	​	5,651
Total undiscounted future cash flows	​	​	12,587
Less: Imputed interest	​	​	(2,944)
Present value of undiscounted future cash flows	​	$	9,643
​	​	​	​
Presentation on statement of financial position	​	​	​
Current	​	$	1,642
Non-current	​	$	8,001

​

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- Definition

Tabular disclosure of balance sheet information related to leases.

+ References

No definition available.

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- Definition

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
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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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
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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