Leases (Tables)

12 Months Ended

Mar. 31, 2022

Leases [Abstract]

Summary of future minimum lease payments under non-cancellable operating leases

Future minimum lease payments under non-cancellable operating leases in effect as of March 31, 2022, are as follows:

in thousands
2023	$	1,624
2024		1,130
2025		917
2026		553
2027		293
Thereafter		481
Total future minimum lease payments		4,998
Present value adjustment		(588	)
Operating lease liability	$	4,410

Schedule of lease cost

The following table reports information about the Company’s lease cost for the twelve months ended March 31:

	(In thousands)
	2022	2021
Lease cost:
Operating lease cost	$ 1,736	$ 1,530
Variable lease cost	347	344
Total lease cost	$ 2,083	$ 1,874

Schedule of other lease information

The following table reports other information about the Company’s leases for the twelve months ended March 31:

	(In thousands)
	2022			2021
Other Lease Information
Operating Lease - Operating Cash Flows (Fixed Payments)	$ 1,591			$ 1,593
Operating Lease - Operating Cash Flows (Liability Reduction)	$ 1,388			$ 1,193
Weighted Average Lease Term - Operating Leases	3.9 years			2.8 years
Weighted Average Discount Rate - Operating Leases		6.50	%		6.50	%