Annual report [Section 13 and 15(d), not S-K Item 405]

BALANCE SHEET INFORMATION (Tables)

v3.25.2
BALANCE SHEET INFORMATION (Tables)
 12 Months Ended
Mar. 31, 2025
Balance Sheet Related Disclosures [Abstract]  
Schedule of manufacturing inventories
Certain significant amounts included in the Company's consolidated balance sheets consist of the following (in thousands):
Manufacturing inventories March 31,
2025 2024
   Manufactured finished goods $ 10,471  $ 7,074 
   Work in progress 380  769 
   Raw materials 9,485  9,910 
      Total manufacturing inventories $ 20,336  $ 17,753 
Schedule of service inventories
Service inventories March 31,
2025 2024
Finished goods $ 1,189  $ 3,660 
Component parts 909  6,123 
   Total service inventories $ 2,098  $ 9,783 
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,
2025 2024
Machinery and equipment, and software $ 47,385  $ 49,095 
Leasehold improvements 13,529  12,473 
Furniture and fixtures 1,095  1,109 
  62,009  62,677 
Less: accumulated depreciation (50,631) (50,649)
   Total property, plant and equipment, net $ 11,378  $ 12,028 
Summary of carrying value of intangible assets
Intangibles, net March 31, 2025 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  (4,117) 281  4,398  (3,192) 1,206 
Intangible assets, net $ 13,411  $ (13,130) $ 281  $ 13,411  $ (11,742) $ 1,669 
Future expected amortization expense for intangible assets
As of March 31, 2025, the future expected amortization expense for intangible assets is as follows (in thousands):

Fiscal year ending Estimated future amortization expense
Fiscal year 2026 $ 281 
Total $ 281 
Goodwill rollforward
Goodwill Amount
Balance at March 31, 2024 $ 12,969 
Goodwill acquired — 
Balance at March 31, 2025
 $ 12,969 
Schedule of other long-term assets
Other long-term assets March 31,
2025 2024
Capitalized SaaS implementation costs for internal use $ 13,910  $ 15,349 
Capitalized debt costs 2,871  1,923 
Contract cost asset
 1,144  1,477 
Other 1,463  991 
   Total other long-term assets $ 19,388  $ 19,740 
Schedule of other accrued liabilities
Other accrued liabilities March 31,
2025 2024
Accrued expenses
 $ 7,558  $ 4,251 
Asset retirement obligation
 3,497  2,069 
Accrued income taxes
 528  1,044 
Accrued warranty
 1,032  1,545 
Accrued interest
 350  524 
Lease liability 856  1,256 
Other
 4,161  3,297 
   Total other accrued liabilities $ 17,982  $ 13,986 
Schedule of accrued warranty balance
The following table details the change in the accrued warranty balance (in thousands):
  Year Ended March 31,
2025 2024
Balance as of April 1 $ 1,545  $ 2,094 
   Current period accruals 2,333  2,563 
   Adjustments to prior estimates 46  (141)
   Charges incurred (2,735) (2,971)
   Reclassification to long-term warranty
 (157) $ — 
Balance as of March 31 $ 1,032  $ 1,545