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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 54,720 $ 55,296
Accounts receivable, less allowance for credit losses of $91 and $273, respectively 2,317 3,283
Inventories, net 16,205 28,556
Prepaid expenses and other current assets 5,330 6,325
Prepaid income taxes 299 188
Total current assets 78,871 93,648
Noncurrent assets:    
Property and equipment, net 28,859 26,657
Intangible and other assets, net 13,346 16,503
Goodwill 26,658 26,658
Operating lease right-of-use assets, net 966 1,432
Deferred tax assets, net 0 4,986
Total noncurrent assets 69,829 76,236
Total assets 148,700 169,884
Current liabilities:    
Accounts payable 23,564 37,024
Sales tax payable 24,867 25,012
Accrued expenses and other current liabilities 11,711 7,060
Current operating lease liabilities 461 459
Deferred revenue 2,085 2,603
Income taxes payable 80 0
Total current liabilities 62,768 72,158
Deferred tax liabilities, net 263 0
Long-term operating lease liabilities 535 995
Total liabilities 63,566 73,153
Commitments and contingencies (Note 15)
Shareholders' equity:    
Common stock, $.001 par value, 40,000,000 shares authorized; 20,656,822 and 21,148,692 shares issued and outstanding, respectively 21 21
Additional paid-in capital 18,560 25,146
Retained earnings 66,544 71,555
Total shareholders' equity 85,134 96,731
Total liabilities and shareholders' equity 148,700 169,884
Convertible Preferred Stock    
Shareholders' equity:    
Preferred stock 9 9
Series A Junior Participating Preferred Stock    
Shareholders' equity:    
Preferred stock $ 0 $ 0