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Fair Value Disclosures (Tables)
12 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of financial instruments not measured at fair value

 

 

Fair Value Measurement Using
(In thousands)

 

 

Fair

 

 

Carrying

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Value

 

 

Value

 

Cash:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2024

 

$

994

 

 

$

 

 

$

 

 

$

994

 

 

$

994

 

March 31, 2023

 

$

454

 

 

$

 

 

$

 

 

$

454

 

 

$

454

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2024

 

$

17,988

 

 

$

 

 

$

 

 

$

17,988

 

 

$

17,988

 

March 31, 2023

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Term loan advance to Amplex:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2024

 

$

 

 

$

 

 

$

300

 

 

$

300

 

 

$

300

 

March 31, 2023

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Finance receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2024

 

$

 

 

$

 

 

$

38,773

 

 

$

38,773

 

 

$

38,773

 

March 31, 2023

 

$

 

 

$

 

 

$

105,971

 

 

$

105,971

 

 

$

106,919

 

Repossessed assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2024

 

$

 

 

$

 

 

$

668

 

 

$

668

 

 

$

668

 

March 31, 2023

 

$

 

 

$

 

 

$

1,491

 

 

$

1,491

 

 

$

1,491

 

Credit facility:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2024

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

March 31, 2023

 

$

 

 

$

 

 

$

29,100

 

 

$

29,100

 

 

$

29,100

 

Schedule of fair value measurement inputs and valuation techniques

Level 3 Assets with Significant Unobservable Inputs

 

Fair Value

 

 

Valuation Technique

 

Significant Unobservable Inputs

 

Range

 

Weighted Average (1)

Non-recurring fair value

 

 

 

 

 

 

 

 

 

 

 

Finance receivables held for sale

 

$

38,773

 

 

Discounted Cash Flows

 

Discount Rate

 

16.4% - 17.6%

 

17.3%

Repossessed assets held for sale

 

 

668

 

 

Discounted Cash Flows

 

Discount Rate

 

16.4% - 17.6%

 

17.3%