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Leases (Tables)
12 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of Impact of Adoption of ASC 842 on Consolidated Balance Sheet

The impact of the adoption of ASC 842 on the consolidated balance sheet as of April 1, 2019 is as follows (in thousands):

 

 

 

ASC 840

 

 

 

 

 

 

ASC 842

 

 

 

March 31, 2019

 

 

Impact of Adoption

 

 

April 1, 2019

 

Deferred Rent

 

$

35

 

 

$

(35

)

 

$

—

 

Deferred Rent, net of current portion

 

$

588

 

 

$

(588

)

 

$

—

 

Prepaid Rent

 

$

88

 

 

$

(88

)

 

$

—

 

Operating right-of-use assets

 

$

—

 

 

$

4,451

 

 

$

4,451

 

Operating lease liability

 

$

—

 

 

$

1,038

 

 

$

1,038

 

Operating lease liability, net of current portion

 

$

—

 

 

$

3,948

 

 

$

3,948

 

Summary of Cash Flows Associated with Company's Leases

The table below is a summary of the cash flows associated with the Company’s leases for the year ended March 31, 2020 (in thousands):

 

 

 

For the Year Ended

 

 

 

March 31, 2020

 

Cash paid for amount included in measurement of liabilities:

 

 

 

 

Operating cash flows from operating leases

 

$

579