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LEASES (Tables)
9 Months Ended
Dec. 31, 2024
LEASES  
Schedule of right-of-use assets and liabilities

    

December 31, 2024

    

March 31, 2024

Right of Use Asset

 

  

Right of use asset – operating lease

$

6,629

$

6,629

Right of use asset – finance leases

65

65

Accumulated amortization

(2,245)

(1,717)

Right of use assets net

$

4,449

$

4,977

Lease liability – operating lease

$

4,583

$

5,125

Lease liability – finance leases

12

19

Total lease liability

$

4,595

$

5,144

Schedule of other supplemental information regarding our leases

Components of lease expense for the nine months ended:

    

December 31, 2024

    

December 31, 2023

Operating lease amortization

$

522

$

498

Finance lease amortization

$

6

$

13

Finance lease interest

$

$

1

Weighted average lease term and discount rate at:

    

December 31, 2024

    

December 31, 2023

 

Lease term (years) – operating lease

 

5.50

6.50

Lease term (years) – finance lease

1.25

2.25

Lease rate – operating lease

4.5

%

4.5

%

Lease rate – finance lease

 

3.2

%

3.2

%

Schedule of supplemental cash flow information

Supplemental cash flow information related to leases for the nine months ended:

    

December 31, 2024

    

December 31, 2023

Cash used in operating activities

$

704

$

704

Cash used in financing activities

$

7

$

15

Schedule of maturities of lease liabilities

Maturities of lease liabilities on December 31, 2024 for the next five years and thereafter:

January 1, 2025 – December 31, 2025

    

$

948

January 1. 2026 – December 31, 2026

 

941

January 1, 2027 – December 31, 2027

 

939

January 1, 2028 – December 31, 2028

 

939

January 1, 2029 – December 31, 2029

939

Thereafter

 

391

Total lease payments

$

5,097

Less: imputed interest

 

502

Total

$

4,595