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Investments and Fair Value Measurement (Tables)
 6 Months Ended
Sep. 30, 2023
Investments, All Other Investments [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 September 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 September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Investment in debt securities

 

$

2,992

 

 

$

1

 

 

$

—

 

 

$

2,993

 
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 six months ended September 30, 2023 (in thousands):

 

 

 

Investment in Equity Securities
(in thousands)

 

Balance at March 31, 2023

 

$

706

 

Liquidation of equity securities

 

 

(718

)

Gain on investment in equity securities

 

 

12

 

Balance at September 30, 2023

 

$

—