Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.23.1
LEASES (Tables)
9 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of operating lease right of use assets, and liabilities
The table below presents the lease related assets and liabilities recorded on the Company’s consolidated balance sheets as of December 31, 2021:
  Classification on Balance Sheet December 31, 2021
Assets
Operating lease assets Right-of-use assets $ 6,926 
Total lease assets   $ 6,926 
   
Liabilities  
Operating lease liability Operating lease obligations $ 7,031 
Total lease liability   $ 7,031 
Disclosure of lease operations
Lease obligations at December 31, 2021, consisted of the following:
Twelve months ending March 31,
 
2022 $ 990 
2023 3,578 
2024 1,430 
2025 1,070 
2026 1,006 
Thereafter 182 
Total payments 8,256 
Less: amounts representing interest (1,225)
Lease liability, net $ 7,031 
Weighted average remaining lease term (in months) 22
Weighted average discount rate 12  %