LEASES (Tables)

9 Months Ended

Dec. 31, 2023

Leases [Abstract]

Summary of Assets Leased from Third Parties

A summary of Orion’s assets leased from third parties follows (dollars in thousands):

	Balance sheet classification	December 31, 2023		March 31, 2023
Assets
Operating lease assets	Other long-term assets	$	1,966	$	2,174
Liabilities
Current liabilities
Operating lease liabilities	Accrued expenses and other	$	969	$	823
Non-current liabilities
Operating lease liabilities	Other long-term liabilities		1,377		1,826
Total lease liabilities		$	2,346	$	2,649

Summary of Estimated Maturity of Lease Liabilities

The estimated maturity of lease liabilities for each of the next five years is shown below (dollars in thousands):

Maturity of Lease Liabilities	Operating Leases
Fiscal 2024 (period remaining)	$	267
Fiscal 2025		1,083
Fiscal 2026		984
Fiscal 2027		177
Thereafter		—
Total lease payments	$	2,511
Less: Interest		(165	)
Present value of lease liabilities	$	2,346