Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEET INFORMATION

v3.24.2.u1
BALANCE SHEET INFORMATION
 3 Months Ended
Jun. 30, 2024
Balance Sheet Related Disclosures [Abstract]  
BALANCE SHEET INFORMATION BALANCE SHEET INFORMATION
Certain significant amounts included in the Company's condensed consolidated balance sheets consist of the following (in thousands):

Manufacturing inventories
June 30, 2024 March 31, 2024
   Finished goods $ 8,399  $ 7,074 
   Work in progress 610  769 
   Raw materials 9,458  9,910 
Total manufacturing inventories $ 18,467  $ 17,753 

Service parts inventories
June 30, 2024 March 31, 2024
   Finished goods $ 6,422  $ 3,660 
   Component parts 2,091  6,123 
Total service parts inventories $ 8,513  $ 9,783 

Other long-term assets
June 30, 2024 March 31, 2024
Capitalized SaaS implementation costs for internal use $ 15,230  $ 15,349 
Capitalized debt costs 2,154  1,923 
Contract asset 1,457  1,477 
Deferred taxes 729  734 
Other 279  257 
   Total other long-term assets $ 19,849  $ 19,740 

Other accrued liabilities
June 30, 2024 March 31, 2024
Accrued expenses
 $ 14,168  $ 4,251 
Asset retirement obligation
 2,328  2,069 
Accrued warranty
 1,265  1,545 
Accrued interest
 691  524 
Accrued income taxes
 571  1,044 
Accrued restructuring 404  110 
Other
 5,616  4,443 
   Total other accrued liabilities $ 25,043  $ 13,986 

Intangibles, net
June 30, 2024 March 31, 2024
Gross Accumulated Amortization Net Gross Accumulated Amortization Net
Developed technology $ 9,013  $ (8,781) $ 232  $ 9,013  $ (8,550) $ 463 
Customer lists 4,398  (3,423) 975  4,398  (3,192) 1,206 
Intangible assets, net $ 13,411  $ (12,204) $ 1,207  $ 13,411  $ (11,742) $ 1,669 
Intangible assets amortization expense was $0.5 million and $1.1 million for the three months ended June 30, 2024 and 2023, respectively. As of June 30, 2024, the remaining weighted-average amortization period for definite-lived intangible assets was approximately 1.0 year. The Company recorded amortization of developed technology in cost of product revenue, and customer lists in sales and marketing expenses in the consolidated statements of operations.

As of June 30, 2024, the future expected amortization expense for intangible assets is as follows (in thousands):

Fiscal year ending Estimated future amortization expense
Remainder of 2025 $ 926 
2026 281 
Thereafter — 
Total $ 1,207 


Goodwill

As of June 30, 2024 and March 31, 2024, goodwill was $13.0 million. There were no impairments to goodwill during the three months ended June 30, 2024 and 2023.