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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Sep. 30, 2020
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]  
Fair Value Hierarchy of Financial Instruments
We account for the fair values of our assets and liabilities in accordance with Codification Topic 820, Fair Value Measurement and Disclosure. The following table summarizes the fair value hierarchy of our financial instruments as of September 30, 2020 and March 31, 2020 (in thousands):

       
Fair Value Measurement Using
 
   
Recorded
Amount
   
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
   
Significant Other
Observable Inputs
(Level 2)
   
Significant
Unobservable
Inputs
(Level 3)
 
                         
September 30, 2020
                       
Assets:
                       
Money market funds
 
$
45,132
   
$
45,132
   
$
-
   
$
-
 
                                 
March 31, 2020
                               
Assets:
                               
Money market funds
 
$
128
   
$
128
   
$
-
   
$
-
 
                                 
Liabilities:
                               
Contingent consideration
 
$
220
   
$
-
   
$
-
   
$
220