v3.26.1
Leases
 12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
The Company has non-cancelable operating leases for the rental of office space with various expiration dates through 2030.
The components of lease expense were as follows (in thousands):
Fiscal Year Ended March 31,
202620252024
Operating lease cost, net of sublease income
$1,867 $2,226 $2,711 
Variable lease cost43 42 87 
Total lease cost$1,910 $2,268 $2,798 
During fiscal 2025, the Company executed a sublease for a portion of its Curative office space in Irving, Texas. The sublease commenced in November 2024 and has a lease term of approximately 5.5 years. The Company has classified the sublease as an operating lease. Total lease payments under the sublease are $2.4 million over the sublease term.
Supplemental cash flow information related to leases was as follows (in thousands):
Fiscal Year Ended March 31,
202620252024
Cash paid for amounts included in measurement of lease liabilities—Operating cash flows$2,687 $2,717 $2,314 
Supplemental balance sheet information related to leases was as follows:
Fiscal Year Ended March 31,
202620252024
Weighted-average remaining lease term (in years)4.255.176.09
Weighted-average discount rate4.19 %4.19 %4.18 %
Maturities of operating lease liabilities as of March 31, 2026 were as follows (in thousands):
Operating Leases
2027$2,497 
20282,605 
20292,667 
20302,706 
2031679 
Total future lease payments11,154 
Less: imputed interest(969)
Present value of lease liabilities$10,185