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LEASES (Tables)
12 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Supplemental balance sheet
Supplemental balance sheet information related to leases is as follows (in thousands):
Year Ended March 31,
Operating leases 202420232022
Operating lease right-of-use assets $9,425 $10,291 $11,107 
Other current liabilities$1,256 $1,364 $1,727 
Operating lease liability9,621 10,169 9,891 
   Total operating lease liabilities$10,877 $11,533 $11,618 
Components of lease cost
The components of lease expense were as follows (in thousands):
Year Ended March 31,
Lease expense202420232022
Operating lease expense$3,007 $4,276 $3,727 
Variable lease expense291 753 643 
Short-term lease expense— — 15 
   Total lease expense$3,298 $5,029 $4,385 
Lease Term and Discount RateMarch 31,
202420232022
Weighted average remaining operating lease term (years)10.5310.8510.88
Weighted average discount rate for operating leases12.64 %12.66 %12.9 %
Maturity of operating lease liability
Maturity of Lease LiabilitiesOperating Leases
2024$2,538 
20252,062 
20261,714 
20271,523 
20281,207 
   Thereafter12,083 
Total lease payments$21,127 
Less: Imputed interest(10,250)
Present value of lease liabilities$10,877