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REVENUE (Tables)
12 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue

The following table provides detail of Orion’s total revenues for the year ended March 31, 2023 (dollars in thousands):

 

 

 

Year Ended March 31, 2023

 

 

Year Ended March 31, 2022

 

 

Year Ended March 31, 2021

 

 

 

Product

 

 

Services

 

 

Total

 

 

Product

 

 

Services

 

 

Total

 

 

Product

 

 

Services

 

 

Total

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lighting product and installation

 

$

46,500

 

 

$

7,088

 

 

$

53,588

 

 

$

89,827

 

 

$

27,242

 

 

$

117,069

 

 

$

84,659

 

 

$

29,081

 

 

$

113,740

 

Maintenance Services

 

 

3,266

 

 

 

11,289

 

 

 

14,555

 

 

 

573

 

 

 

5,252

 

 

 

5,825

 

 

 

 

 

 

95

 

 

 

95

 

Electric Vehicles

 

 

4,479

 

 

 

1,796

 

 

 

6,275

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Solar energy related revenues

 

 

 

 

 

 

 

 

 

 

 

42

 

 

 

 

 

 

42

 

 

 

57

 

 

 

 

 

 

57

 

Total revenues from contracts with customers

 

 

54,245

 

 

 

20,173

 

 

 

74,418

 

 

 

90,442

 

 

 

32,494

 

 

 

122,936

 

 

 

84,716

 

 

 

29,176

 

 

 

113,892

 

Revenue accounted for under other guidance

 

 

2,965

 

 

 

 

 

 

2,965

 

 

 

1,447

 

 

 

 

 

 

1,447

 

 

 

2,948

 

 

 

 

 

 

2,948

 

Total revenue

 

$

57,210

 

 

$

20,173

 

 

$

77,383

 

 

$

91,889

 

 

$

32,494

 

 

$

124,383

 

 

$

87,664

 

 

$

29,176

 

 

$

116,840

 

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 March 31, 2023, and March 31, 2022 (dollars in thousands):

 

 

 

March 31, 2023

 

 

March 31, 2022

 

Accounts receivable, net

 

$

13,728

 

 

$

11,899

 

Contract assets

 

$

1,320

 

 

$

1,966

 

Contract liabilities

 

$

480

 

 

$