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Leases
3 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Leases

7.      Leases

The Company’s lease portfolio includes leased offices, dedicated lab facility and storage space, and dedicated data center facility space, with remaining contractual periods from 2.5 years to 10.1 years. For purposes of calculating lease liabilities, lease terms may include options to extend the lease when it is reasonably certain that the Company will exercise those options.

The Company incurred total lease costs in its consolidated statements of operations of $3.5 million and $ 3.4 million for the three months ended June 30, 2021 and 2020, respectively.

As of June 30, 2021, the future minimum lease payments included in the measurement of the Company’s operating lease liabilities were as follows:

 

 

 

June 30,

 

 

 

2021

 

 

 

(in thousands)

 

Fiscal years ending March 31,

 

 

 

Remainder of 2022

 

$

8,585

 

2023

 

 

14,453

 

2024

 

 

14,838

 

2025

 

 

14,350

 

2026

 

 

10,996

 

Thereafter

 

 

64,421

 

Total future operating lease payments

 

 

127,643

 

Less: imputed interest

 

 

(37,120

)

Total operating lease liabilities

 

$

90,523