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Leases
6 Months Ended
Sep. 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 2.3 years to 9.8 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 $3.3 million and $3.4 million for the three months ended September 30, 2021 and 2020, respectively, and $6.8 million and $6.7 million for the six months ended September 30, 2021 and 2020, respectively.

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

 

 

 

September 30,

 

 

 

2021

 

 

 

(in thousands)

 

Fiscal years ending March 31,

 

 

 

Remainder of 2022

 

$

5,146

 

2023

 

 

14,453

 

2024

 

 

14,838

 

2025

 

 

14,350

 

2026

 

 

10,996

 

Thereafter

 

 

64,421

 

Total future operating lease payments

 

 

124,204

 

Less: imputed interest

 

 

(35,509

)

Total operating lease liabilities

 

$

88,695