SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following summarizes assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy (in thousands):

	As of December 31, 2022
	Level 1		Level 2		Level 3		Total
Assets
Money market funds(1)	$	55,077	$	—	$	—	$	55,077
	$	55,077	$	—	$	—	$	55,077
Liabilities
Public warrant liability(2)	$	1,272	$	—	$	—	$	1,272
Private warrant liability(2)	—		684		—		684
	$	1,272	$	684	$	—	$	1,956

	As of March 31, 2022
	Level 1		Level 2		Level 3		Total
Liabilities
Public warrant liability(2)	$	5,516	$	—	$	—	$	5,516
Private warrant liability(2)	—		2,963		—		2,963
	$	5,516	$	2,963	$	—	$	8,479

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(1)As of December 31, 2022, the Company had cash equivalents held in a money market account. The Company has concluded that due to the highly liquid nature of the money market account, the carrying value approximates fair value, which represents a Level 1 input. The balance of cash equivalents held in the money market account is included in cash and cash equivalents.

(2)Included in accrued and other current liabilities.