| 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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September 30, 2026 |
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March 31, 2026 |
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| Operating lease right-of-use assets |
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$ |
7,075 |
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$ |
7,416 |
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| Operating lease liability, current - included in other current liabilities |
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$ |
881 |
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$ |
799 |
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| Operating lease liability |
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7,799 |
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8,172 |
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| Total operating lease liabilities |
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$ |
8,680 |
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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 September 30, |
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Six Months Ended September 30, |
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| Lease expense |
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2026 |
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2025 |
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2026 |
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2025 |
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| Operating lease expense |
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$ |
527 |
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$ |
472 |
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$ |
1,067 |
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$ |
1,141 |
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| Variable lease expense |
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30 |
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36 |
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63 |
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|
75 |
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| Short-term lease expense |
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109 |
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|
113 |
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|
217 |
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188 |
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| Total lease expense |
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$ |
666 |
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$ |
621 |
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$ |
1,347 |
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$ |
1,404 |
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| Maturity of Lease Liabilities |
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Operating Leases |
| Remainder of fiscal year 2027 |
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$ |
992 |
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| 2028 |
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1,638 |
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| 2029 |
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1,257 |
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| 2030 |
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1,241 |
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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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15,982 |
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| Less: Imputed interest |
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(7,302) |
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| Present value of lease liabilities |
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$ |
8,680 |
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| Lease Term and Discount Rate |
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September 30, 2026 |
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March 31, 2026 |
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| Weighted average remaining operating lease term (years) |
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9.9 |
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10.2 |
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| Weighted average discount rate for operating leases |
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12.69 |
% |
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12.67 |
% |
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Operating cash outflows related to operating leases totaled $1.1 million and $1.1 million for the six months ended September 30, 2026 and 2025, respectively.
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