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Leases
3 Months Ended
Jun. 30, 2022
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 0.7 years to 9.1 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 condensed consolidated statements of operations and comprehensive loss of $3.4 million and $3.5 million for the three months ended June 30, 2022 and 2021, respectively.

As of June 30, 2022, the future minimum lease payments included in the measurement of the Company’s operating lease liabilities were as follows:

 

 

 

June 30,

 

 

 

2022

 

 

 

(in thousands)

 

Fiscal years ending March 31,

 

 

 

Remainder of 2023

 

$

10,079

 

2024

 

 

14,934

 

2025

 

 

14,464

 

2026

 

 

11,105

 

2027

 

 

11,348

 

Thereafter

 

 

53,095

 

Total future operating lease payments

 

 

115,025

 

Less: imputed interest

 

 

(30,896

)

Total operating lease liabilities

 

$

84,129