Quarterly report [Sections 13 or 15(d)]

LEASES (Tables)

v3.26.3
LEASES (Tables)
 6 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of supplemental balance sheet
Supplemental condensed consolidated balance sheets information related to leases is as follows (in thousands):
Operating leases September 30, 2026 March 31, 2026
Operating lease right-of-use assets $ 7,075  $ 7,416 
Operating lease liability, current - included in other current liabilities $ 881  $ 799 
Operating lease liability 7,799  8,172 
   Total operating lease liabilities $ 8,680  $ 8,971 
Components of lease cost
The components of lease expense were as follows (in thousands):
Three Months Ended September 30, Six Months Ended September 30,
Lease expense 2026 2025 2026 2025
Operating lease expense $ 527  $ 472  $ 1,067  $ 1,141 
Variable lease expense 30  36  63  75 
Short-term lease expense 109  113  217  188 
   Total lease expense $ 666  $ 621  $ 1,347  $ 1,404 
Lease Term and Discount Rate
September 30, 2026 March 31, 2026
Weighted average remaining operating lease term (years) 9.9 10.2
Weighted average discount rate for operating leases 12.69  % 12.67  %
Schedule of maturity of operating lease liability
Maturity of Lease Liabilities Operating Leases
Remainder of fiscal year 2027 $ 992 
2028 1,638 
2029 1,257 
2030 1,241 
2031 1,285 
   Thereafter 9,569 
Total lease payments 15,982 
Less: Imputed interest (7,302)
Present value of lease liabilities $ 8,680