Quarterly report pursuant to Section 13 or 15(d)

REVENUE

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REVENUE
6 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUEBased on how the Company manages its business, the Company has determined that it currently operates in one reportable segment. The Company operates in three geographic regions: (a) Americas; (b) Europe, Middle East and
Africa (“EMEA”); and (c) Asia Pacific (“APAC”). Revenue by geography is based on the location of the customer from which the revenue is earned.

In the following table, revenue is disaggregated by major product offering and geographies (in thousands):
  Three Months Ended September 30, Six Months Ended September 30,
2021 2020 2021 2020
Americas1
   Primary storage systems $ 11,264  $ 16,933  $ 18,458  $ 23,792 
   Secondary storage systems 12,174  9,317  28,886  17,993 
   Device and media 5,269  6,069  11,791  12,431 
   Service 21,341  19,399  41,534  37,994 
Total revenue 50,048  51,718  100,669  92,210 
EMEA
   Primary storage systems 4,244  2,798  7,020  5,094 
   Secondary storage systems 9,720  6,352  17,479  12,968 
   Device and media 4,513  4,745  9,894  8,767 
   Service 11,035  10,227  21,847  20,042 
Total revenue 29,512  24,122  56,240  46,871 
APAC
   Primary storage systems 1,175  879  2,516  1,938 
   Secondary storage systems 4,365  3,234  8,098  6,434 
   Device and media 1,931  523  2,644  1,120 
   Service 1,983  1,868  3,808  3,844 
Total revenue 9,454  6,504  17,066  13,336 
Consolidated
   Primary storage systems 16,683  20,610  27,994  30,824 
   Secondary storage systems 26,259  18,903  54,463  37,395 
   Device and media 11,713  11,337  24,329  22,318 
   Service 34,359  31,494  67,189  61,880 
   Royalty2
4,166  3,477  8,303  6,709 
Total revenue $ 93,180  $ 85,821  $ 182,278  $ 159,126 

1 Revenue for Americas geographic region outside of the United States is not significant.
2 Royalty revenue is not allocable to geographic regions.


Contract Balances

The following table presents the Company’s contract liabilities and certain information related to this balance as of and for the six months ended September 30, 2021 (in thousands): 
September 30, 2021
Contract liabilities (deferred revenue) $ 118,871 
Revenue recognized in the period from amounts included in contract liabilities at the beginning of the period 53,833 

Remaining Performance Obligations

Remaining performance obligations consisted of the following (in thousands):
Current Non-Current Total
As of September 30, 2021
$ 130,708  $ 42,855  $ 173,563 

The Company's non-current remaining performance obligations are expected to be recognized in the next 13 to 60 months.