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Employee Benefit Plans (Tables)
12 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Activity With Respect to Stock Options
A summary of activity in the Omnibus Incentive Plans with respect to our stock options for Fiscal 2024 is as follows:
OptionsWeighted
Average
Exercise
Price Per
Share
Weighted
Average
Remaining
Contractual
Life
Aggregate
Intrinsic
Value
(In thousands)(Years)(In thousands)
Options outstanding at March 31, 20236,287 $4.11 
Granted475 4.13 
Exercised(173)3.03 
Forfeited(417)4.04 
Expired(314)4.77 
Options outstanding at March 31, 20245,858 4.11 5.5$5,410 
Options vested and exercisable at March 31, 2024
4,268 4.16 4.4$3,879 
Schedule of Activity With Respect to RSUs
A summary of activity with respect to our RSUs for Fiscal 2024 is as follows:
# of SharesWeighted
Average
Price Per
Share
(In thousands)
RSUs outstanding at March 31, 2023497 $3.05 
Granted460 4.35 
Vested and released (118)3.85 
Forfeited(46)4.12 
RSUs outstanding at March 31, 2024793 4.18 
Schedule of the Details of Performance Stock Units
The following table summarizes the details of the performance stock units:

# of SharesWeighted
Average
Price Per
Share
(In thousands)
PSUs outstanding at March 31, 202383 $4.45 
Granted119 4.57 
Vested(43)5.59 
Forfeited(42)5.46 
PSUs outstanding at March 31, 2024117 4.75 
Schedule of Stock-based Compensation Expense
The following table presents stock-based compensation expense that is included in each functional line item in our statements of operations:
Year Ended March 31,
20242023
(In thousands)
Cost of revenues$315 $352 
General and administrative1,596 1,626 
Sales and marketing579 477 
Research and development expense475 435 
Total stock-based compensation$2,965 $2,890 
Schedule of Weighted-average Assumptions Used in Estimating the Grant Date Fair Value of Stock Options Granted
The grant date fair value of stock options granted was estimated using the following weighted-average assumptions:
Year Ended March 31,
20242023
Expected life—years6.37.5
Risk-free interest rate4.2 %3.6 %
Expected volatility of common stock52 %51 %
Dividend yield%%
Schedule of Certain Fair Value and Intrinsic Value Information Pertaining to Stock Options
A summary of certain fair value and intrinsic value information pertaining to our stock options is as follows:
Year Ended March 31,
20242023
(In thousands, except
per share amounts)
Weighted average grant date fair value per share of options granted$2.34 $1.67 
Intrinsic value of options exercised$254 $141