v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net loss $ (34,347) $ (12,473)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 3,347 5,295
Amortization of debt issuance costs 2,081 1,234
Loss on debt extinguishment 3,003 0
Provision for product and service inventories 1,167 892
Stock-based compensation 1,641 2,831
Paid in kind interest 1,844 777
Change in fair value of warrant liabilities (5,216) (5,127)
Other non-cash 851 49
Changes in assets and liabilities:    
Accounts receivable, net 16,638 21,109
Manufacturing inventories (2,168) (2,070)
Service parts inventories 543 (1,505)
Prepaid expenses (1,446) 8
Accounts payable 5,253 (9,073)
Accrued compensation (4,350) (1,946)
Deferred revenue (10,153) (9,269)
Other current assets (780) 115
Other non-current assets 1,280 (2,354)
Other current liabilities 2,556 (1,602)
Other non-current liabilities 1,062 1,764
Net cash used in operating activities (17,194) (11,345)
Investing activities    
Purchases of property and equipment (3,228) (3,925)
Net cash used in investing activities (3,228) (3,925)
Financing activities    
Borrowings of long-term debt, net of debt issuance costs 24,655 14,083
Repayments of long-term debt (13,537) (3,247)
Borrowings of credit facility 209,852 217,084
Repayments of credit facility (209,445) (213,082)
Net cash provided by financing activities 11,525 14,838
Effect of exchange rate changes on cash, cash equivalents and restricted cash (3) 11
Net change in cash, cash equivalents and restricted cash (8,900) (421)
Cash, cash equivalents, and restricted cash at beginning of period 25,860 26,175
Cash, cash equivalents, and restricted cash at end of period 16,960 25,754
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the statement of cash flows:    
Cash and cash equivalents 16,719 25,574
Restricted cash, current 241 180
Cash and cash equivalents at the end of period 16,960 25,754
Supplemental disclosure of cash flow information    
Cash paid for interest 5,539 6,079
Cash paid for income taxes, net 1,304 831
Non-cash transactions    
Purchases of property and equipment included in accounts payable 312 689
Paid-in-kind interest $ 1,844 $ 777

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