Leases (Tables)

12 Months Ended

Mar. 31, 2023

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, 2023, are as follows:

in thousands
2024	$	65
2025		67
2026		61
Thereafter		—
Total future minimum lease payments		193
Present value adjustment		(17	)
Operating lease liability	$	176

Schedule of lease cost

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

	(In thousands)
	2023		2022
Lease cost:
Operating lease cost	$	1,425	$	1,736
Variable lease cost	297		347
Total lease cost	$	1,722	$	2,083

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)
	2023		2022
Other Lease Information
Operating Lease - Operating Cash Flows (Fixed Payments)	$	1,663	$	1,591
Operating Lease - Operating Cash Flows (Liability Reduction)	$	1,763	$	1,388

The following table reports other information about the Company’s leases as of March 31:

	2023			2022
Weighted Average Lease Term - Operating Leases	3.0 years			3.9 years
Weighted Average Discount Rate - Operating Leases		6.50	%		6.50	%