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Commitments and contingencies (Tables)
3 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of variable lease components
The table below presents the lease-related costs which are included in the consolidated statements of operations for the three months ended June 30, 2024 and 2023:
Three Months Ended June 30,
20242023
Lease cost
Finance lease costs:
Amortization of right-to-use asset$607 $607 
Interest on lease liabilities534 544 
Operating lease costs281 280 
Total lease cost$1,422 $1,431 
The following table summarizes the classification of lease costs in the consolidated statement of operations for the three months ended June 30, 2024 and 2023 as follows:
Three Months Ended June 30,
20242023
Finance Lease Costs
   Research and development$607 $607 
Other income (expense)534 544 
Operating Lease Costs
Research and development229 229 
   Selling, general and administrative52 51 
Total lease cost$1,422 $1,431 
The following table provides lease disclosure for the three months ended June 30, 2024 and 2023:
Three Months Ended June 30,
20242023
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$152 $263 
Operating cash flows from finance leases$534 $544 
Financing cash flows from finance leases$134 $104 
Right-to-use asset obtained in exchange for new operating lease liabilities$— $— 
Weighted-average remaining lease term - operating leases5.6years6.3years
Weighted-average remaining lease term - financing leases15.3years16.1years
Weighted-average discount rate - operating leases10.3 %10.3 %
Weighted-average discount rate - financing leases8.3 %8.3 %
Schedule of the maturity of company's lease liabilities
The following table summarizes the maturity of the Company's lease liabilities on an undiscounted cash flow basis and a reconciliation to the operating and financing lease liabilities recognized on its balance sheet as of June 30, 2024:
June 30, 2024
Operating leasesFinancing leaseTotal
2025 (remaining nine months)$872 $2,050 $2,922 
20261,171 2,799 3,970 
20271,137 2,883 4,020 
20281,086 2,969 4,055 
20291,005 3,058 4,063 
Thereafter925 31,995 32,920 
Total lease payments6,196 45,754 51,950 
Less: interest1,432 19,760 21,192 
Total lease liabilities$4,764 $25,994 $30,758 
Schedule of additional information related to leases
The following table provides lease disclosure as of June 30, 2024 and March 31, 2024:
June 30, 2024March 31, 2024
Leases
Right-to-use operating lease asset$4,475 $4,635 
Right-to-use finance lease asset36,629 37,237 
Total lease assets$41,104 $41,872 
Operating lease liabilities, current$1,164 $1,161 
Finance lease liabilities, current2,738 2,718 
Operating lease liabilities, non-current3,600 3,771 
Finance lease liabilities, non-current23,256 23,410 
Total lease liabilities$30,758 $31,060