Quarterly report pursuant to Section 13 or 15(d)


9 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Leases Leases
    The Company has entered into various non-cancelable operating lease agreements for certain offices. These leases currently have lease periods expiring between fiscal years 2024 and 2026. The lease agreements may include one or more options to renew. Renewals were not assumed in the Company's determination of the lease term unless the renewals were deemed to be reasonably assured at lease commencement. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of lease costs, weighted-average lease term, and discount rate are detailed below.
    Schedule, by fiscal year, of maturities of lease liabilities as of:
December 31, 2020
Remainder of fiscal year 2021 $ 366 
Fiscal year 2022 1,493 
Fiscal year 2023 1,549 
Fiscal year 2024 1,374 
Fiscal year 2025 1,081 
Thereafter 882 
Total undiscounted cash flows 6,745 
(Less imputed interest) (853)
Present value of lease liabilities $ 5,892 

    The current portion of our lease liabilities, payable within the next 12 months, is included in other current liabilities and the long-term portion of our lease liabilities is included in other non-current liabilities on our Consolidated Balance Sheets.

    Associated with this financial liability, the Company has a right-of-use asset of $3,807 as of December 31, 2020, which is calculated using the present value of lease liabilities less any lease incentives received from our landlords and any deferred rent liability balance as of the date of implementation. The discount rate used to calculate the imputed interest above ranges from 5.50% to 6.75% and the weighted-average remaining lease term is 4.59 years.