Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.3
Leases (Tables)
3 Months Ended
Jun. 30, 2024
Leases  
Schedule of Company's minimum rental revenue to be received under operating leases

At June 30, 2024, the Company’s minimum rental revenue to be received was as follows (in thousands):

Leased

Owned and

Year Ending March 31,

    

Assets

    

Financed Assets

2025 (remainder of fiscal year)

$

2,827

$

8,620

2026

 

1,345

 

3,998

2027

 

 

653

2028

 

 

533

2029

 

 

279

Thereafter

792

Total minimum rental revenue

$

4,172

$

14,875

Schedule of components of lease expense

The components of lease expense were as follows (in thousands):

Three Months Ended June 30,

    

2024

    

2023

Finance lease costs (1)

$

191

$

204

Operating lease costs

1,363

906

Total lease costs

$

1,554

$

1,110

(1)Interest expense is included in finance lease costs
Schedule of supplemental information related to the leases

Supplemental balance sheet information related to the leases was as follows (dollars in thousands):

    

June 30,

    

March 31,

2024

2024

Finance lease right-of-use assets

$

4,240

$

4,391

Operating lease right-of-use assets

11,299

12,279

Total right-of-use assets

$

15,539

$

16,670

Finance lease liability, current

$

945

$

964

Operating lease liability, current

4,099

4,041

Finance lease liability, non-current

2,080

2,300

Operating lease liability, non-current

 

7,480

 

8,527

Total lease liabilities

$

14,604

$

15,832

Finance leases:

Weighted average remaining lease life

 

1.16 years

 

1.41 years

Weighted average discount rate

12.72%

13.00%

Operating leases:

Weighted average remaining lease life

 

4.40 years

 

4.48 years

Weighted average discount rate

12.49%

13.00%

Supplemental cash flow information related to the leases was as follows (in thousands):

Three Months Ended June 30,

    

2024

    

2023

Cash paid for amounts included in the measurement of lease liabilities

Finance cash flows from finance leases

$

53

$

681

Operating cash flows from finance leases

$

10

$

11

Operating cash flows from operating leases

$

1,373

$

899

Right-of-use assets obtained in exchange for lease obligations

Finance leases

$

$

Operating leases

$

$

960

Schedule of maturities of operating lease liabilities

Three Months Ended June 30,

    

2024

    

2023

Cash paid for amounts included in the measurement of lease liabilities

Finance cash flows from finance leases

$

53

$

681

Operating cash flows from finance leases

$

10

$

11

Operating cash flows from operating leases

$

1,373

$

899

Right-of-use assets obtained in exchange for lease obligations

Finance leases

$

$

Operating leases

$

$

960

Schedule of maturities of finance lease liabilities

Three Months Ended June 30,

    

2024

    

2023

Cash paid for amounts included in the measurement of lease liabilities

Finance cash flows from finance leases

$

53

$

681

Operating cash flows from finance leases

$

10

$

11

Operating cash flows from operating leases

$

1,373

$

899

Right-of-use assets obtained in exchange for lease obligations

Finance leases

$

$

Operating leases

$

$

960