LEASES (Tables)

6 Months Ended

Sep. 30, 2023

Leases [Abstract]

Summary of Assets Leased from Third Parties

A summary of Orion’s assets leased from third parties follows (dollars in thousands):


		Balance sheet classification		September 30, 2023				March 31, 2023
Assets
Operating lease assets		Other long-term assets		$	2,159			$	2,174
Liabilities
Current liabilities
Operating lease liabilities		Accrued expenses and other		$	948			$	823
Non-current liabilities
Operating lease liabilities		Other long-term liabilities			1,625				1,826
Total lease liabilities				$	2,573			$	2,649

Summary of Estimated Maturity of Lease Liabilities

The estimated maturity of lease liabilities for each of the next five years is shown below (dollars in thousands):


Maturity of Lease Liabilities		Operating Leases
Fiscal 2024 (period remaining)		$	531
Fiscal 2025			1,083
Fiscal 2026			984
Fiscal 2027			177
Thereafter			—
Total lease payments		$	2,775
Less: Interest			(202	)
Present value of lease liabilities		$	2,573