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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
Summary of Investments that are Measured at Fair Value

The following table summarizes the Company's investments in debt securities that are measured at fair value as of June 30, 2023 (in thousands):

 

 

 

Amortized costs basis

 

 

Gross unrealized gains

 

 

Gross unrealized losses

 

 

Fair value

 

As of March 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Investment in debt securities

 

$

4,943

 

 

$

2

 

 

$

 

 

$

4,945

 

As of June 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Investment in debt securities

 

$

4,991

 

 

$

2

 

 

$

 

 

$

4,993

 

Schedule of Activity for Investments in Equity Securities Measured at Fair Value

The following table presents the activity for investments in equity securities measured at fair value for the three months ended June 30, 2023 (in thousands):

 

 

 

Investment in Equity Securities
(in thousands)

 

Balance at March 31, 2023

 

$

706

 

Purchases at cost

 

 

 

Liquidation of equity securities

 

 

(718

)

Gain on investment in equity securities

 

 

12

 

Balance at June 30, 2023

 

$