Leases (Tables)
|
3 Months Ended |
Jun. 30, 2025 |
|---|
| Leases [Abstract] |
|
| Schedule of minimum rental revenue to be received under operating leases |
|
|
|
|
|
|
|
|
|
Leased |
|
Owned and |
Year Ending March 31, |
|
Assets |
|
Financed Assets |
2026 (remainder of fiscal year) |
|
$ |
2,305 |
|
$ |
6,425 |
2027 |
|
|
2,172 |
|
|
5,823 |
2028 |
|
|
252 |
|
|
1,093 |
2029 |
|
|
— |
|
|
29 |
2030 |
|
|
— |
|
|
— |
Thereafter |
|
|
— |
|
|
— |
Total minimum rental revenue |
|
$ |
4,729 |
|
$ |
13,370 |
|
| Schedule of minimum lease payments to be received from sales-type leases |
|
|
|
|
Year Ending March 31, |
|
|
|
2026 (remainder of fiscal year) |
|
$ |
198 |
2027 |
|
|
264 |
2028 |
|
|
264 |
2029 |
|
|
264 |
2030 |
|
|
264 |
Thereafter |
|
|
528 |
Total minimum lease payments |
|
$ |
1,782 |
Less: imputed interest |
|
|
(600) |
Plus: unguaranteed residual value |
|
|
81 |
Present value of lease receivable |
|
$ |
1,263 |
|
| Schedule of lease receivable |
|
|
|
|
|
|
|
June 30, |
|
March 31, |
|
2025 |
|
2025 |
Gross receivables |
$ |
1,182 |
|
$ |
1,209 |
Unguaranteed residual value |
|
81 |
|
|
79 |
Total, net |
$ |
1,263 |
|
$ |
1,288 |
Reported as: |
|
|
|
|
|
Current |
|
117 |
|
|
113 |
Long-Term |
|
1,146 |
|
|
1,175 |
Total, net |
$ |
1,263 |
|
$ |
1,288 |
|
| Schedule of finance and operating leases |
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
|
2025 |
|
2024 |
Finance lease costs (1) |
|
$ |
202 |
|
$ |
191 |
Operating lease costs |
|
|
1,024 |
|
|
1,363 |
Variable lease expense |
|
|
21 |
|
|
— |
Total lease costs |
|
$ |
1,247 |
|
$ |
1,554 |
(1)Interest expense is included in finance lease costs.
|
|
|
|
|
|
|
|
|
June 30, |
|
March 31, |
|
|
2025 |
|
2025 |
Finance lease right-of-use assets |
|
$ |
4,030 |
|
$ |
3,787 |
Operating lease right-of-use assets |
|
|
5,741 |
|
|
8,282 |
Total right-of-use assets |
|
$ |
9,771 |
|
$ |
12,069 |
|
|
|
|
|
|
|
Finance lease liability, current |
|
$ |
2,791 |
|
$ |
2,017 |
Operating lease liability, current |
|
|
2,441 |
|
|
3,539 |
Finance lease liability, non-current |
|
|
553 |
|
|
248 |
Operating lease liability, non-current |
|
|
3,519 |
|
|
4,988 |
Total lease liabilities |
|
$ |
9,304 |
|
$ |
10,792 |
Finance leases: |
|
|
|
|
|
|
Weighted average remaining lease life |
|
|
0.55 years |
|
|
0.42 years |
Weighted average discount rate |
|
|
11.97% |
|
|
12.81% |
Operating leases: |
|
|
|
|
|
|
Weighted average remaining lease life |
|
|
4.87 years |
|
|
4.41 years |
Weighted average discount rate |
|
|
11.40% |
|
|
12.33% |
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
|
2025 |
|
2024 |
Cash paid for amounts included in the measurement of lease liabilities |
|
|
|
|
Finance cash flows from finance leases |
|
$ |
715 |
|
$ |
53 |
Operating cash flows from finance leases |
|
$ |
50 |
|
$ |
10 |
Operating cash flows from operating leases |
|
$ |
1,050 |
|
$ |
1,373 |
Change in Right-of-use assets through modification of lease obligations |
|
|
|
|
|
|
Finance leases |
|
$ |
396 |
|
$ |
— |
Operating leases |
|
$ |
(1,721) |
|
$ |
— |
|
| Schedule of maturities of finance lease liabilities |
|
|
|
|
|
|
|
|
|
Finance |
|
Operating |
Year Ending March 31, |
|
Leases |
|
Leases |
2026 (remainder of fiscal year) |
|
$ |
2,613 |
|
$ |
2,644 |
2027 |
|
|
925 |
|
|
1,221 |
2028 |
|
|
— |
|
|
1,111 |
2029 |
|
|
— |
|
|
854 |
2030 |
|
|
— |
|
|
256 |
Thereafter |
|
|
— |
|
|
1,626 |
Total lease payments |
|
$ |
3,538 |
|
$ |
7,712 |
Less: imputed interest |
|
|
(194) |
|
|
(1,752) |
Present value of lease liabilities |
|
$ |
3,344 |
|
$ |
5,960 |
|
| Schedule of maturities of operating lease liabilities |
|
|
|
|
|
|
|
|
|
Finance |
|
Operating |
Year Ending March 31, |
|
Leases |
|
Leases |
2026 (remainder of fiscal year) |
|
$ |
2,613 |
|
$ |
2,644 |
2027 |
|
|
925 |
|
|
1,221 |
2028 |
|
|
— |
|
|
1,111 |
2029 |
|
|
— |
|
|
854 |
2030 |
|
|
— |
|
|
256 |
Thereafter |
|
|
— |
|
|
1,626 |
Total lease payments |
|
$ |
3,538 |
|
$ |
7,712 |
Less: imputed interest |
|
|
(194) |
|
|
(1,752) |
Present value of lease liabilities |
|
$ |
3,344 |
|
$ |
5,960 |
|