v3.26.1
Leases (Tables)
3 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Additional Lease Cost Information
Weighted-average remaining lease term and incremental borrowing rate for the Company’s operating leases are as follows:
Three months ended June 30,
20262025
Weighted average term - operating lease liabilities3.62 years3.83 years
Weighted average incremental borrowing rate - operating lease liabilities8%8%
Schedule of Total Lease Cost
The following table presents total lease cost for the three months ended June 30, 2026 and 2025 (in thousands):
Three months ended June 30,
20262025
Total operating lease cost*$411$498
*Total operating lease cost is included in general and administrative expenses on the Company’s Consolidated Statements of Operations.
Schedule of Supplemental Balance Sheet Information
The following table presents supplemental balance sheet information as of June 30, 2026 and March 31, 2026 (in thousands):
June 30, 2026March 31, 2026
Non-current assets - right of use assets, net$3,757$4,069
Current liabilities - operating lease liabilities$1,447$1,424
Non-current liabilities - operating lease liabilities$2,641$2,995
Schedule of Future Minimum Payments
Future minimum payments under existing non-cancellable leases for office and tower spaces (exclusive of real estate tax, utilities, maintenance and other costs borne by the Company) for the remaining terms of the leases following the three months ended June 30, 2026, are as follows (in thousands):
Fiscal Year
Operating
Leases
2027 (excluding the three months ended June 30, 2026)
$1,185
20281,584
2029900
2030462
2031405
After 2031
365
Total future minimum lease payments4,901
Amount representing interest(813)
Present value of net future minimum lease payments$4,088