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REVENUE (Tables)
6 Months Ended
Sep. 30, 2022
Revenue From Contract With Customer [Abstract]  
Disaggregation of Revenue

The following tables provide detail of Orion’s total revenue for the three and six months ended September 30, 2022 and September 30, 2021 (dollars in thousands):

 

 

 

Three Months Ended September 30, 2022

 

 

Six Months Ended September 30, 2022

 

 

 

Product

 

 

Services

 

 

Total

 

 

Product

 

 

Services

 

 

Total

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lighting product and installation

 

$

12,059

 

 

$

2,036

 

 

$

14,095

 

 

$

24,463

 

 

$

3,394

 

 

$

27,857

 

Maintenance services

 

 

755

 

 

 

2,691

 

 

 

3,446

 

 

 

1,744

 

 

 

5,756

 

 

 

7,500

 

Solar energy related revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues from contracts with customers

 

 

12,814

 

 

 

4,727

 

 

 

17,541

 

 

 

26,207

 

 

 

9,150

 

 

 

35,357

 

Revenue accounted for under other guidance

 

 

19

 

 

 

 

 

 

19

 

 

 

109

 

 

 

 

 

 

109

 

Total revenue

 

$

12,833

 

 

$

4,727

 

 

$

17,560

 

 

$

26,316

 

 

$

9,150

 

 

$

35,466

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2021

 

 

Six Months Ended September 30, 2021

 

 

 

Product

 

 

Services

 

 

Total

 

 

Product

 

 

Services

 

 

Total

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lighting product and installation

 

$

27,432

 

 

$

8,305

 

 

$

35,737

 

 

$

54,875

 

 

$

14,966

 

 

$

69,841

 

Maintenance services

 

 

54

 

 

 

394

 

 

 

448

 

 

 

68

 

 

 

588

 

 

 

656

 

Solar energy related revenues

 

 

12

 

 

 

 

 

 

12

 

 

 

28

 

 

 

 

 

 

28

 

Total revenues from contracts with customers

 

 

27,498

 

 

 

8,699

 

 

 

36,197

 

 

 

54,971

 

 

 

15,554

 

 

 

70,525

 

Revenue accounted for under other guidance

 

 

313

 

 

 

 

 

 

313

 

 

 

1,086

 

 

 

 

 

 

1,086

 

Total revenue

 

$

27,811

 

 

$

8,699

 

 

$

36,510

 

 

$

56,057

 

 

$

15,554

 

 

$

71,611

 

Summary of Contract Assets and Liabilities

The following chart shows the balance of Orion’s receivables arising from contracts with customers, contract assets and contract liabilities as of September 30, 2022 and March 31, 2022 (dollars in thousands):

 

 

 

September 30,
2022

 

 

March 31,
2022

 

Accounts receivable, net

 

$

11,591

 

 

$

11,899

 

Contract assets

 

$

1,346

 

 

$

1,966

 

Contract liabilities

 

$

 

 

$