Quarterly report [Sections 13 or 15(d)]

BALANCE SHEET INFORMATION

v3.25.2
BALANCE SHEET INFORMATION
 3 Months Ended
Jun. 30, 2025
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, 2025 March 31, 2025
   Finished goods $ 7,885  $ 10,471 
   Work in progress 1,085  380 
   Raw materials 9,537  9,485 
Total manufacturing inventories $ 18,507  $ 20,336 

Service parts inventories
June 30, 2025 March 31, 2025
   Finished goods $ 764  $ 1,189 
   Component parts 759  909 
Total service parts inventories $ 1,523  $ 2,098 

Intangibles, net
June 30, 2025 March 31, 2025
Gross Accumulated Amortization Net Gross Accumulated Amortization Net
   Customer lists $ 4,398  $ (4,347) $ 51  $ 4,398  $ (4,117) $ 281 
Intangible assets, net $ 4,398  $ (4,347) $ 51  $ 4,398  $ (4,117) $ 281 

Intangible assets amortization expense was $0.2 million and $0.5 million for the three months ended June 30, 2025 and 2024, respectively. As of June 30, 2025, the remaining weighted-average amortization period for definite-lived intangible assets was approximately 0.1 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.

Goodwill

As of June 30, 2025 and March 31, 2025, goodwill was $13.0 million. There were no impairments to goodwill as of June 30, 2025 and March 31, 2025.

Other long-term assets
June 30, 2025 March 31, 2025
Capitalized SaaS implementation costs for internal use $ 13,440  $ 13,910 
Capitalized debt costs 2,339  2,871 
Contract cost asset 1,097  1,144 
Other 1,476  1,463 
   Total other long-term assets $ 18,352  $ 19,388 
The following table details the change in the accrued warranty balance (in thousands):
June 30, 2025 March 31, 2025
Beginning balance $ 1,032  $ 1,545 
   Current period accruals 622  2,333 
   Adjustments to prior estimates (19) 46 
   Charges incurred (735) (2,735)
   Reclassification to long-term warranty
 27  (157)
Ending balance $ 927  $ 1,032