Leases (Tables)

12 Months Ended

Mar. 31, 2021

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, 2021, are as follows:

in thousands
2022	$	1,420
2023		1,053
2024		582
2025		407
2026		223
Thereafter		—
Total future minimum lease payments		3,685
Present value adjustment		(318	)
Operating lease liability	$	3,367

Schedule of lease cost

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

	(In thousands)
	2021	2020
Lease cost:
Operating lease cost	$        1,530	$    1,777
Variable lease cost	344	435
Total lease cost	$        1,874	$    2,212

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)
	2021			2020
Other Lease Information
Operating Lease - Operating Cash Flows (Fixed Payments)	$        1,593			$    1,913
Operating Lease - Operating Cash Flows (Liability Reduction)	$        1,193			$    1,841
Weighted Average Lease Term - Operating Leases	2.8 years			2.5 years
Weighted Average Discount Rate - Operating Leases		6.50	%		6.50	%