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Leases
9 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases

9. 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 2.0 years to 9.6 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 $3.4 million and $3.4 million for the three months ended December 31, 2021 and 2020, respectively, and $10.2 million and $10.2 million for the nine months ended December 31, 2021 and 2020, respectively.

As of December 31, 2021, the future minimum lease payments included in the measurement of the Company’s operating lease liabilities were as follows:

 

 

 

December 31,

 

 

 

2021

 

 

 

(in thousands)

 

Fiscal years ending March 31,

 

 

 

Remainder of 2022

 

$

1,811

 

2023

 

 

14,947

 

2024

 

 

14,960

 

2025

 

 

14,464

 

2026

 

 

11,105

 

Thereafter

 

 

64,442

 

Total future operating lease payments

 

 

121,729

 

Less: imputed interest

 

 

(34,022

)

Total operating lease liabilities

 

$

87,707