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Leases (Tables)
12 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Lease Costs The following table illustrates operating and variable lease costs, included in selling, general and administrative expenses and certain costs relating to lease assets held solely for sublet purposes, included in other income (expense), net within the Company's Consolidated Statement of Operations, for the periods indicated:
Year Ended
March 31,
2024
Year Ended
March 31,
2023
Three Months Ended
March 31, 2022
(Transition Period)
Year Ended December 31, 2021
Operating lease costs$151,035 $141,025 $36,699 $142,965 
Variable lease costs$82,389 $78,529 $19,150 $67,427 
The weighted average remaining lease term and discount rate for the periods indicated below were as follows:
As of March 31, 2024As of March 31, 2023
Weighted average remaining lease term (in years)7.628.03
Weighted average discount rate4.95 %4.69 %
Supplemental Cash Flow Information
The following table presents supplemental information relating to cash flow arising from lease transactions:
Year Ended
March 31,
2024
Year Ended
March 31,
2023
Three Months Ended
March 31, 2022
(Transition Period)
Year Ended December 31, 2021
Operating cash outflows from operating leases$180,319 $167,774 $43,903 $177,391 
Leased assets obtained in exchange for new operating lease liabilities$57,962 $181,080 $(892)$28,244 
Schedule of Operating Lease Liability Maturity
The following table presents the future minimum lease payments under the Company's operating lease liabilities as of March 31, 2024:
Fiscal year ending March 31,
2025$172,483 
2026143,651 
2027120,568 
2028102,301 
202968,483 
2030 and thereafter309,830 
Total lease payments$917,316 
Less: Interest150,320 
Total present value of lease liabilities$766,996