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Leases (Tables)
6 Months Ended
Sep. 30, 2019
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 September 30, 2019, are as follows:

in thousands

 

 

 

 

2020 (remaining six months)

 

$

1,076

 

2021

 

 

1,718

 

2022

 

 

890

 

2023

 

 

408

 

2024

 

 

40

 

Thereafter

 

$

8

 

Total future minimum lease payments

 

 

4,140

 

Present value adjustment

 

 

(1,893

)

Operating lease liability

 

$

2,247

 

 

Schedule of lease cost

The following table reports information about the Company’s lease cost for the three months ended September 30, 2019 (in thousands):

 

Lease cost:

 

 

 

 

Operating lease cost

 

$

456

 

Variable lease cost

 

 

113

 

Total lease cost

 

$

569

 

The following table reports information about the Company’s lease cost for the six months ended September 30, 2019 (in thousands):

 

Lease cost:

 

 

 

 

Operating lease cost

 

$

922

 

Variable lease cost

 

 

228

 

Total lease cost

 

$

1,150

 

Schedule of other lease information

The following table reports other information about the Company’s leases for the three months ended September 30, 2019 (dollar amounts in thousands):

 

Other Lease Information

 

 

 

 

Operating Lease - Operating Cash Flows (Fixed Payments)

 

$

477

 

Operating Lease - Operating Cash Flows (Liability Reduction)

 

$

438

 

Weighted Average Lease Term - Operating Leases

 

 

2.1 years

 

Weighted Average Discount Rate - Operating Leases

 

 

6.5%

 

 

 

The following table reports other information about the Company’s leases for the six months ended September 30, 2019 (dollar amounts in thousands):

 

Other Lease Information

 

 

 

 

Operating Lease - Operating Cash Flows (Fixed Payments)

 

$

479

 

Operating Lease - Operating Cash Flows (Liability Reduction)

 

$

440

 

Weighted Average Lease Term - Operating Leases

 

 

2.1 years

 

Weighted Average Discount Rate - Operating Leases

 

 

6.5%