INVENTORIES, NET

9 Months Ended

Dec. 31, 2022

Inventory Disclosure [Abstract]

INVENTORIES, NET

NOTE 5 — INVENTORIES, NET

As of December 31, 2022 and March 31, 2022, Orion's inventory balances were as follows (dollars in thousands):

	Cost		Excess and Obsolescence Reserve			Net
As of December 31, 2022
Raw materials and components	$	10,456	$	(943	)	$	9,513
Work in process		1,128		(131	)		997
Finished goods		9,377		(582	)		8,795
Total	$	20,961	$	(1,656	)	$	19,305
As of March 31, 2022
Raw materials and components	$	10,781	$	(1,140	)	$	9,641
Work in process		1,529		(267	)		1,262
Finished goods		9,593		(664	)		8,929
Total	$	21,903	$	(2,071	)	$	19,832