Leases (Tables)

12 Months Ended

Mar. 31, 2022

Lessee Disclosure [Abstract]

Summary of Components of Lease Costs

The components of lease costs, which were included in operating expenses in the Company’s condensed consolidated statements of operations, were as follows:

	Twelve Months Ended March 31,
	2022		2021
	(in thousands)
Lease cost
Operating lease cost	$	255	$	255
Finance lease cost		—		—
Amortization of right-of-use assets		—		—
Interest on lease liabilities		—		—
Variable lease costs		—		—
Total lease cost		255		255
The supplemental cash flow information related to leases are as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		257		266
Operating cash flows from finance leases		—		—
Financing cash flows from finance leases		—		—
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		403		—
Finance leases		—		—

Summary of Information Relating to Lease Term and Discount Rate

Information relating to the lease term and discount rate are as follows:
Weighted average remaining lease term (in months)	As of March 31, 2022			As of March 31, 2021
Operating leases		24.8			17.4
Finance leases		26.2			38.2
Weighted average discount rate
Operating leases		7.50	%		7.50	%
Finance leases		7.50	%		7.50	%

Summary of Maturities of Lease Liabilities

As of March 31, 2022 the maturities of lease liabilities were as follows:
(in thousands)	Operating Leases			Finance Leases
2023	$	233		$	1
2024		149			1
2025		62			1
2026		—			—
Thereafter		—			—
Total lease payments	$	444		$	3
Less: Imputed interest		(32	)		—
Total	$	412		$	3