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LEASES (Tables)
9 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Cost
The components of lease cost are as follows (in thousands):

Three Months Ended December 31,Nine Months Ended December 31,
2023202420232024
Short-term lease cost$127 $158 $365 $593 
Schedule of Cash Flow Information and Non Cash Activity of Operating Leases
Supplemental cash flow information and non-cash activity related to the Company’s operating leases are as follows (in thousands):

Nine Months Ended December 31,
20232024
Non-cash activity:
Right-of-use assets obtained in exchange for lease obligations$937 $2,836 
Reduction of right-of-use assets due to MiX Combination (1)
$— $(952)
(1) Subsequent to the MiX Combination, certain leases were terminated or modified due to the consolidation of leased space.
Schedule of Weighted Average Remaining Lease Term and Discount Rate
Weighted-average remaining lease term and discount rate for our operating leases are as follows:

December 31,
2024
Weighted-average remaining lease term - operating leases (in years) (1)
3.07
Weighted-average discount rate7.9 %
(1) Including expected renewals where appropriate.
Schedule Maturities of Operating Lease Liabilities
Scheduled maturities of operating lease liabilities outstanding as of December 31, 2024 are as follows (in thousands):

January 2025 - March 2025
$2,302 
20264,423 
20272,828 
20281,941 
20291,451 
Thereafter2,360 
Total lease payments15,305 
Less: Imputed interest(2,274)
Present value of lease payments$13,031