Leases (Tables)

9 Months Ended

Dec. 31, 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 December 31, 2019, are as follows:

in thousands
2020 (remaining three months)	$	530
2021		1,772
2022		988
2023		483
2024		73
Thereafter	$	224
Total future minimum lease payments		4,070
Present value adjustment		(1,884	)
Operating lease liability	$	2,186

Schedule of lease cost

The following table reports information about the Company’s lease cost for the three months ended December 31, 2019 (in thousands):

Lease cost:
Operating lease cost	$	431
Variable lease cost		106
Total lease cost	$	537

The following table reports information about the Company’s lease cost for the nine months ended December 31, 2019 (in thousands):

Lease cost:
Operating lease cost	$	1,353
Variable lease cost		334
Total lease cost	$	1,687

Schedule of other lease information

The following table reports other information about the Company’s leases for the three months ended December 31, 2019 (dollar amounts in thousands):

Other Lease Information
Operating Lease - Operating Cash Flows (Fixed Payments)	$	557
Operating Lease - Operating Cash Flows (Liability Reduction)	$	566
Weighted Average Lease Term - Operating Leases		3.0 years
Weighted Average Discount Rate - Operating Leases		6.5%

The following table reports other information about the Company’s leases for the nine months ended December 31, 2019 (dollar amounts in thousands):

Other Lease Information
Operating Lease - Operating Cash Flows (Fixed Payments)	$	495
Operating Lease - Operating Cash Flows (Liability Reduction)	$	482
Weighted Average Lease Term - Operating Leases		2.4 years
Weighted Average Discount Rate - Operating Leases		6.5%