The Company has entered into or assumed through acquisitions, various non-cancellable operating lease agreements primarily for office space. These lease agreements expire between fiscal years 2026 and 2030 and, in certain cases, include one or more options to renew. The Company recognizes a right-of-use (“ROU”) asset and lease liability at the lease commencement date based on the estimated present value of lease payments over the lease term. Variable lease payments consisting of non-lease component and services are excluded from the ROU assets and lease liabilities and are recognized in the period in which the obligation is incurred.


	March 31, 2025			March 31, 2024

Operating lease right-of-use assets	$	9,924		$	9,127
Current operating lease liabilities	3,390			3,038
Non-current operating lease liabilities	6,111			5,746
Weighted-average remaining terms	3.38 years			3.58 years
Weighted-average discount rate	5.40		%	3.55		%

The current portion of the Company’s lease liabilities, payable within the next twelve months, is included in other current liabilities, and the long-term portion of the Company’s lease liabilities is included in other non-current


	March 31, 2025

Fiscal year 2026	$	3,588
Fiscal year 2027	2,897
Fiscal year 2028	1,931
Fiscal year 2029	1,668
Fiscal year 2030	314
Thereafter	—
Total undiscounted cash flows	10,398
(Less imputed interest)	(895)
Present value of lease liabilities	$	9,503

During the years ended March 31, 2025, 2024, and 2023, expenses related to operating leases were $5,544, $4,953, and $6,854, respectively, and were included in operating expenses.