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INVENTORIES (Tables)
12 Months Ended
Mar. 31, 2023
Inventory Disclosure [Abstract]  
Inventories As of March 31, 2023 and 2022, Orion's inventory balances were as follows (dollars in thousands):

 

 

 

Cost

 

 

Excess and
Obsolescence
Reserve

 

 

Net

 

As of March 31, 2023

 

 

 

 

 

 

 

 

 

Raw materials and components

 

$

9,988

 

 

$

(1,094

)

 

$

8,894

 

Work in process

 

 

693

 

 

 

(135

)

 

 

558

 

Finished goods

 

 

9,313

 

 

 

(560

)

 

 

8,753

 

Total

 

$

19,994

 

 

$

(1,789

)

 

$

18,205

 

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