Debt (Tables)

9 Months Ended

Dec. 31, 2020

Debt [Abstract]

Information About the Term Loan

The following summarizes information about the Term Loans:

	December 31, 2020			March 31, 2020
Principal amount of Term Loans	$	21,562,000		$	24,375,000
Unamortized financing fees		(179,000	)		(235,000	)
Net carrying amount of Term Loans		21,383,000			24,140,000
Less current portion of Term Loans		(3,678,000	)		(3,678,000	)
Long-term portion of Term Loans	$	17,705,000		$	20,462,000

Future Repayments of the Amended Term Loan, by Fiscal Year

Future repayments of the Term Loans are as follows:

Year Ending March 31,
2021 - remaining three months	$	937,000
2022		3,750,000
2023		3,750,000
2024		13,125,000
Total payments	$	21,562,000