Annual report pursuant to Section 13 and 15(d)

DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

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DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of property and equipment
Property and equipment are carried at cost, less accumulated depreciation and amortization, computed on a straight-line basis over the estimated useful lives of the assets as follows:
Machinery and equipment
3 to 5 years
Computer equipment
3 to 5 years
Other software 3 years
Furniture and fixtures 5 years
Other office equipment 5 years
Leasehold improvements Shorter of useful life or life of lease
Property and equipment, net March 31,
2024 2023 2022
Machinery and equipment, and software $ 49,095  $ 48,534  $ 47,777 
Leasehold improvements 12,473  14,405  6,029 
Furniture and fixtures 1,109  863  844 
  62,677  63,802  54,650 
Less: accumulated depreciation (50,649) (47,247) (41,797)
   Total property, plant and equipment, net $ 12,028  $ 16,555  $ 12,853 
Property and equipment, net by geographic region
The following table summarizes property and equipment, net by geographic region (in thousands):
  For the year ended March 31,
2024 2023 2022
United States1
$ 11,759  $ 16,289  $ 12,506 
International 269  266  347 
Total $ 12,028  $ 16,555  $ 12,853 
1 Property and equipment for regions outside of the United States is not significant.