Leases (Tables)

12 Months Ended

Mar. 31, 2024

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, 2024, are as follows:

in thousands
2025	$	37
2026		31
Total future minimum lease payments		68
Present value adjustment		(3	)
Operating lease liability	$	65

Schedule of lease cost

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

	(In thousands)
	2024		2023
Lease cost:
Operating lease cost	$	57	$	1,425
Variable lease cost	2		297
Total lease cost	$	59	$	1,722

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)
	2024		2023
Other Lease Information
Operating Lease - Operating Cash Flows (Fixed Payments)	$	46	$	1,663
Operating Lease - Operating Cash Flows (Liability Reduction)	$	111	$	1,763

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

	2024			2023
Weighted Average Lease Term - Operating Leases	2.0 years			3.0 years
Weighted Average Discount Rate - Operating Leases		6.50	%		6.50	%