| LEASES Supplemental condensed consolidated balance sheets information related to leases is as follows (in thousands):
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| Operating leases |
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June 30, 2026 |
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March 31, 2026 |
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| Operating lease right-of-use assets |
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$ |
7,275 |
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$ |
7,416 |
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| Operating lease liability, current - included in other accrued liabilities |
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$ |
877 |
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$ |
799 |
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| Operating lease liability |
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7,979 |
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8,172 |
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| Total operating lease liabilities |
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$ |
8,856 |
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$ |
8,971 |
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The components of lease expense were as follows (in thousands):
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Three Months Ended June 30, |
| Lease expense |
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2026 |
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2025 |
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| Operating lease expense |
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$ |
540 |
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$ |
669 |
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| Variable lease expense |
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33 |
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39 |
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| Short-term lease expense |
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108 |
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|
75 |
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| Total lease expense |
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$ |
681 |
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$ |
783 |
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| Maturity of Lease Liabilities |
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Operating Leases |
| Remainder of fiscal year 2027 |
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$ |
1,476 |
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| 2028 |
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1,618 |
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| 2029 |
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1,244 |
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| 2030 |
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1,237 |
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| 2031 |
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1,285 |
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| Thereafter |
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9,569 |
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| Total lease payments |
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16,429 |
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| Less: Imputed interest |
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(7,573) |
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| Present value of lease liabilities |
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$ |
8,856 |
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| Lease Term and Discount Rate |
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June 30, 2026 |
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March 31, 2026 |
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| Weighted average remaining operating lease term (years) |
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10.00 |
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10.16 |
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| Weighted average discount rate for operating leases |
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12.68 |
% |
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12.67 |
% |
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Operating cash outflows related to operating leases totaled $0.5 million and $0.7 million for the three months ended June 30, 2026 and 2025, respectively.
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