LEASES (Tables)

3 Months Ended

Jun. 30, 2024

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	June 30, 2024		March 31, 2024
Assets
Operating lease assets	Other long-term assets	$	1,591	$	1,770
Liabilities
Current liabilities
Operating lease liabilities	Accrued expenses and other	$	1,010	$	990
Non-current liabilities
Operating lease liabilities	Other long-term liabilities		881		1,121
Total lease liabilities		$	1,891	$	2,111

Summary of Estimated Maturity of Lease Liabilities

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

Maturity of Lease Liabilities	Operating Leases
Fiscal 2025 (period remaining)	$	815
Fiscal 2026		983
Fiscal 2027		177
Thereafter		—
Total lease payments	$	1,975
Less: Interest		(84	)
Present value of lease liabilities	$	1,891