LEASES (Tables)

12 Months Ended

Mar. 31, 2026

Leases [Abstract]

Summary of Assets Leased from Third Parties

A summary of Orion’s assets leased from third parties follows (dollars in thousands):


		Balance sheet classification		March 31, 2026				March 31, 2025
Assets
Operating lease assets		Other long-term assets, net		$	2,673			$	3,456
Liabilities
Current liabilities
Operating lease liabilities		Accrued expenses and other			715				794
Non-current liabilities
Operating lease liabilities		Other long-term liabilities			2,115				2,829
Total lease liabilities				$	2,830			$	3,623

Summary of Estimated Maturity of Lease Liabilities

The estimated maturity of lease liabilities for each of the future years is shown below (dollars in thousands):


Maturity of Lease Liabilities		Operating Leases
Fiscal 2027		$	886
Fiscal 2028			803
Fiscal 2029			828
Fiscal 2030			707
Total lease payments		$	3,224
Less: Interest			(394	)
Present value of lease liabilities		$	2,830

Schedule of Revenue and Cost of Sales Arising from Sales-Type Leases

The following chart shows the amount of revenue and cost of sales arising from sales-type leases during the year ended March 31, 2026, 2025 and 2024 (dollars in thousands):


		March 31, 2026				March 31, 2025				March 31, 2024
Product revenue		$	393			$	781			$	—
Cost of product revenue			316				785				—