Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEET INFORMATION

v3.24.2.u1
BALANCE SHEET INFORMATION
 9 Months Ended
Dec. 31, 2023
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
December 31, 2023 March 31, 2023
   Finished goods $ 9,048  $ 6,958 
   Work in progress 830  1,304 
   Raw materials 10,531  11,179 
Total manufacturing inventories $ 20,409  $ 19,441 
Service parts inventories
December 31, 2023 March 31, 2023
   Finished goods $ 17,330  $ 19,834 
   Component parts 8,093  5,470 
Total service parts inventories $ 25,423  $ 25,304 

Intangibles, net
December 31, 2023 March 31, 2023
Gross Accumulated Amortization Net Gross Accumulated Amortization Net
   Developed technology $ 9,013  $ (8,318) $ 695  $ 9,013  $ (6,269) $ 2,744 
   Customer lists 4,398  (3,107) 1,291  4,398  (2,201) 2,197 
Intangible assets, net $ 13,411  $ (11,425) $ 1,986  $ 13,411  $ (8,470) $ 4,941 

Intangible assets amortization expense was $0.8 million and $0.7 million and $3.0 million and $3.1 million for the three and nine months ended December 31, 2023 and 2022, respectively. As of December 31, 2023, the remaining weighted-average amortization period for definite-lived intangible assets was approximately 1.1 years. The Company recorded amortization of developed technology in cost of product revenue, and customer lists in sales and marketing expenses in the condensed consolidated statements of operations.

As of December 31, 2023, the future expected amortization expense for intangible assets is as follows (in thousands):

Fiscal year ending Estimated future amortization expense
Remainder of 2024 $ 480 
2025 1,506 
Thereafter — 
Total $ 1,986 

Goodwill

As of December 31, 2023 and March 31, 2023, goodwill was $13.0 million. There were no impairments to goodwill during the three and nine months ended December 31, 2023 and 2022.

Other long-term assets
December 31, 2023 March 31, 2023
Capitalized SaaS implementation costs for internal use $ 14,480  $ 11,483 
Capitalized debt costs 1,879  1,690 
Contract asset 1,448  1,247 
Deferred taxes 1,678  1,054 
Other 501  372 
   Total other long-term assets $ 19,986  $ 15,846