Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

3 Months Ended

Jun. 30, 2019

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Future minimum lease payments as of June 30, 2019, consisted of the following (in thousands):



Fiscal Year	Operating Leases
2020 ⁽¹⁾	$	608
2021	478
2022	73
Thereafter	—
Total lease payments ⁽²⁾	1,159
Less: imputed interest	(38		)
Total operating lease liabilities	$	1,121

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⁽¹⁾ Represents the future minimum operating lease payments expected to be made over the remaining balance of the fiscal year.

⁽²⁾ Assumes exercise of a two year option to extend the lease term for the Dublin lease.

Lease, Cost [Table Text Block]

The components of lease expense are as follows:



(in thousands)	Three months ended June 30, 2019
Operating lease expense	$	204
Variable lease expense ⁽¹⁾	40
Total Lease expense ⁽²⁾	$	244

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⁽¹⁾ Variable lease expense is related to our leased real estate in Ohio and New Hampshire and primarily includes labor and operational costs as well as taxes and insurance.

⁽²⁾ Short-term lease expense is immaterial.

ScheduleOfClassificationOfRightOfUseAssetsAndLeaseLiabilities [Table Text Block]

The following table summarizes the classification of ROU assets and lease liabilities as of June 30, 2019:



(in thousands)	June 30, 2019		Balance Sheet Classification
Assets:
Total ROU assets	$	1,111	Right-of-use assets on operating leases, net
Liabilities:
Current operating lease liability	785		Accrued expenses
Non-current operating lease liabilities	336		Other non-current liabilities
Total lease liabilities	$	1,121