v3.26.1
Commitments and contingencies (Tables)
12 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of variable lease components
The table below presents the lease-related costs which are included in the consolidated statements of operations for the years ended as of March 31, 2026 and 2025:
Year ended March 31,
20262025
Lease cost
Finance lease costs:
Amortization of right-of-use asset$2,428 $2,428 
Interest on lease liabilities2,063 2,118 
Operating lease costs1,156 1,129 
Total lease cost$5,647 $5,675 
The following table summarizes the classification of lease costs in the consolidated statement of operations for the years ended March 31, 2026 and 2025 as follows:
Year ended March 31,
20262025
Finance Lease Costs
Research and development$2,428 $2,428 
Other expense2,063 2,118 
Operating Lease Costs
Research and development887 877 
Selling, general and administrative269 252 
Total lease cost$5,647 $5,675 
The following table provides lease disclosure as of and for the years ended March 31, 2026 and 2025:
March 31, 2026March 31, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,203 $1,167 
Operating cash flows from finance leases$2,063 $2,118 
Financing cash flows from finance leases$736 $599 
Weighted-average remaining lease term – operating leases3.8 years4.7 years
Weighted-average remaining lease term – finance leases13.3 years14.3 years
Weighted-average discount rate – operating leases10.4 %10.4 %
Weighted-average discount rate – finance leases8.3 %8.3 %
Summary of the maturity of company's lease liabilities
The following table summarizes the maturity of the Company’s lease liabilities on an undiscounted cash flow basis and a reconciliation to the operating and finance lease liabilities recognized on our balance sheet as of March 31, 2026:
March 31, 2026
Operating leasesFinance leaseTotal
2027$1,160 $2,883 $4,043 
20281,106 2,969 4,075 
20291,021 3,058 4,079 
2030587 3,096 3,683 
2031369 3,096 3,465 
Thereafter— 25,803 25,803 
Total lease payments4,243 40,905 45,148 
Less: interest757 16,113 16,870 
Total lease liabilities$3,486 $24,792 $28,278 
Schedule of additional information related to leases
The following table provides lease disclosure as of and for the years ended March 31, 2026 and 2025:
March 31, 2026March 31, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,203 $1,167 
Operating cash flows from finance leases$2,063 $2,118 
Financing cash flows from finance leases$736 $599 
Weighted-average remaining lease term – operating leases3.8 years4.7 years
Weighted-average remaining lease term – finance leases13.3 years14.3 years
Weighted-average discount rate – operating leases10.4 %10.4 %
Weighted-average discount rate – finance leases8.3 %8.3 %