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Investments and Fair Value Measurement
12 Months Ended
Mar. 31, 2025
Investments, All Other Investments [Abstract]  
Investments and Fair Value Measurement

Note 2. Investments and fair value measurement

 

Investments in debt securities

As of March 31, 2025, all Company investments that consisted of U.S. Treasury bills matured. For the year ended March 31, 2025, there was approximately $0.1 million of interest income related to the investments in debt securities. As the investments in debt securities consist of U.S. Treasury bills from active markets, the fair value is measured using level 1 inputs.

 

The Company did not have any investments in debt securities as of March 31, 2025. The following table summarizes the Company's investments in debt securities that are measured at fair value as of March 31, 2024 (in thousands):

 

 

 

Amortized costs basis

 

 

Gross unrealized gains

 

 

Gross unrealized losses

 

 

Fair value

 

As of March 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Investments in debt securities

 

$

996

 

 

$

2

 

 

$

 

 

$

998