COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of Obligations Under Non-cancelable Operating Leases

The table below presents the lease-related assets and liabilities recorded on the balance sheet as of March 31, 2020.



(In thousands)	Classification on the Balance Sheet	March 31, 2020
Assets

Noncurrent	Operating lease right-of-use asset	$	1,210

Liabilities

Current	Operating leases - current portion	$	593
Noncurrent	Operating leases - long -term portion	684
Total operating lease liabilities		$	1,277

Weighted-average discount rate (1)		5.1		%
(1) Upon adoption of the new lease standard, discount rates used for existing leases were established at April 1, 2019.



Lease Costs
The table below presents certain information related to lease costs for leases:
	For the Fiscal Year Ended
(In thousands)	March 31, 2020
Operating lease cost	$	1,046
Total lease cost	$	1,046



Other Information

The table below presents supplemental cash flow information related to leases:
	For the Fiscal Year Ended
(In thousands)	March 31, 2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for operating leases	$	1,038

The Company terminated its New York office lease on March 15, 2020 and has removed the corresponding right-of-use asset of $514 thousand and the lease liability of $528 thousand for the year ended March 31, 2020. The Company also terminated its office leases in Los Angeles in April 2020 and a lease for office equipment in June 2020. The estimated future lease liabilities are not expected to be material for the remaining outstanding office and equipment leases.