FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

Cash, cash equivalents, and available-for-sale investments were as follows (in thousands):

	As of December 31, 2024
	Amortized Costs		Gross Unrealized Gain		Gross Unrealized Loss		Estimated Fair Value		Cash and Cash Equivalents		Restricted Cash (Current)		Short-Term Investments
Cash	$	84,209	$	—	$	—	$	84,209	$	84,209	$	—	$	—
Level 1:
Money market funds	20,418		—		—		20,418		19,956		462		—
Total assets	$	104,627	$	—	$	—	$	104,627	$	104,165	$	462	$	—

	As of March 31, 2024
	Amortized Costs		Gross Unrealized Gain		Gross Unrealized Loss		Estimated Fair Value		Cash and Cash Equivalents		Restricted Cash (Current & Non-current)		Short-Term Investments
Cash	$	53,943	$	—	$	—	$	53,943	$	53,943	$	—	$	—
Level 1:
Money market funds	37,633		—		—		37,633		37,172		461		—
Subtotal	91,576		—		—		91,576		91,115		461		—
Level 2:
Term deposit	25,147		—		—		25,147		25,147		—		—
Commercial paper	1,049		—		(1)		1,048		—		—		1,048
Subtotal	26,196		—		(1)		26,195		25,147		—		1,048
Total assets	$	117,772	$	—	$	(1)	$	117,771	$	116,262	$	461	$	1,048

Schedule of Assumptions Used in Determination of Fair Value

The following table presents additional information about valuation techniques and inputs used for the detachable warrants (see Note 8, Convertible Senior Notes and Term Loan) that are measured at fair value and categorized within Level 3 as of December 31, 2024 and March 31, 2024 (dollars in thousands):

	December 31, 2024			March 31, 2024
Estimated fair value of detachable warrants	$	2,124		$	3,321
Unobservable inputs:
Stock volatility	78.4		%	87.2		%
Risk-free rate	4.3		%	4.3		%
Expected term	2.6 years			3.4 years