General form of registration statement for all companies including face-amount certificate companies

BALANCE SHEET INFORMATION (Tables)

v3.25.0.1
BALANCE SHEET INFORMATION (Tables)
 6 Months Ended 12 Months Ended
Sep. 30, 2024
Mar. 31, 2024
Balance Sheet Related Disclosures [Abstract]    
Schedule of manufacturing inventories
Manufacturing inventories
September 30, 2024 March 31, 2024
Finished goods
 $ 9,349  $ 7,074 
Work in progress
 668  769 
Raw materials
 8,948  9,910 
Total manufacturing inventories $ 18,965  $ 17,753 
 
Schedule of service inventories
Service parts inventories
September 30, 2024 March 31, 2024
Finished goods
 $ 6,300  $ 3,660 
Component parts
 2,728  6,123 
Total service parts inventories $ 9,028  $ 9,783 
Service inventories
March 31,
2024 2023 2022
Finished goods $ 3,660  $ 19,834  $ 19,234 
Component parts 6,123  5,470  5,020 
Total service inventories
 $ 9,783  $ 25,304  $ 24,254 
Schedule of property and equipment  
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 
Summary of carrying value of intangible assets
Intangibles, net
September 30, 2024 March 31, 2024
Gross Accumulated Amortization Net Gross Accumulated Amortization Net
Developed technology
 $ 9,013  $ (9,013) $ —  $ 9,013  $ (8,550) $ 463 
Customer lists
 4,398  (3,656) 742  4,398  (3,192) 1,206 
Intangible assets, net $ 13,411  $ (12,669) $ 742  $ 13,411  $ (11,742) $ 1,669 
Intangibles, net
March 31, 2024 March 31, 2023 March 31, 2022
Gross Accumulated Amortization Net Gross Accumulated Amortization Net Gross Accumulated Amortization Net
Developed technology
 $ 9,013  $ (8,550) $ 463  $ 9,013  $ (6,269) $ 2,744  $ 9,208  $ (3,121) $ 6,087 
Customer lists
 4,398  (3,192) 1,206  4,398  (2,201) 2,197  4,600  (1,103) 3,497 
Intangible assets, net $ 13,411  $ (11,742) $ 1,669  $ 13,411  $ (8,470) $ 4,941  $ 13,808  $ (4,224) $ 9,584 
Future expected amortization expense for intangible assets
As of September 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 $ 461 
2026 281 
Total $ 742 
 
Goodwill rollforward  
Goodwill
Amount
Balance at March 31, 2022 $ 12,969 
Goodwill acquired — 
Balance at March 31, 2023 $ 12,969 
Goodwill acquired — 
Balance at March 31, 2024
 $ 12,969 
Schedule of other long-term assets
Other long-term assets
September 30, 2024 March 31, 2024
Capitalized SaaS implementation costs for internal use $ 14,880  $ 15,349 
Capitalized debt costs 2,664  1,923 
Contract asset 1,357  1,477 
Deferred taxes 759  734 
Other 424  257 
Total other long-term assets
 $ 20,084  $ 19,740 
Other long-term assets
March 31,
2024 2023 2022
Capitalized SaaS implementation costs for internal use $ 15,349  $ 11,483  $ 6,261 
Capitalized debt costs 1,923  1,690  1,779 
Contract asset 1,477  1,247  699 
Deferred taxes 734  1,054  866 
Other 257  372  320 
Total other long-term assets
 $ 19,740  $ 15,846  $ 9,925 
Schedule of other accrued liabilities
Other accrued liabilities
September 30, 2024 March 31, 2024
Accrued expenses $ 6,646  $ 4,251 
Asset retirement obligation 2,769  2,069 
Accrued warranty 1,353  1,545 
Accrued interest 458  524 
Lease liability 1,375  1,256 
Accrued income taxes 365  1,044 
Other 3,535  3,297 
Total other accrued liabilities $ 16,501  $ 13,986 
Other accrued liabilities
March 31,
2024 2023 2022
Accrued expenses
 $ 4,251  $ 1,988  $ 4,984 
Asset retirement obligation
 2,069  2,513  4,590 
Accrued income taxes
 1,044  1,509  943 
Accrued warranty
 1,545  2,094  1,899 
Accrued interest
 524  494  278 
Lease liability 1,256  1,364  1,727 
Other
 3,297  3,704  2,141 
Total other accrued liabilities
 $ 13,986  $ 13,666  $ 16,562 
Schedule of accrued warranty balance
The following table details the change in the accrued warranty balance (in thousands):
September 30, 2024 March 31, 2024
Beginning balance $ 1,545  $ 2,094 
Current period accruals
 1,172  2,563 
Adjustments to prior estimates
 52  (141)
Charges incurred
 (1,416) (2,971)
Ending balance $ 1,353  $ 1,545 
The following table details the change in the accrued warranty balance (in thousands):
  Year Ended March 31,
2024 2023 2022
Balance as of April 1 $ 2,094  $ 1,899  $ 2,383 
Current period accruals
 2,563  3,477  3,717 
Adjustments to prior estimates
 (141) (18) (156)
Charges incurred
 (2,971) (3,264) (4,045)
Balance as of March 31 $ 1,545  $ 2,094  $ 1,899