XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Mar. 31, 2023
Assets    
Cash and cash equivalents $ 5,155 $ 15,992
Accounts receivable, net 14,022 13,728
Revenue earned but not billed 4,539 1,320
Inventories 18,246 18,205
Prepaid expenses and other current assets 2,860 1,116
Total current assets 44,822 50,361
Property and equipment, net 9,593 10,470
Goodwill 1,484 1,484
Other intangible assets, net 4,462 6,004
Other long-term assets 2,808 3,260
Total Assets 63,169 71,579
Liabilities and Shareholders’ Equity    
Accounts payable 18,350 13,405
Accrued expenses and other 9,440 10,552
Deferred revenue, current 260 480
Current maturities of long-term debt 3 17
Total current liabilities 28,053 24,454
Revolving credit facility 10,000 10,000
Long-term debt, less current maturities 0 3
Deferred revenue, long-term 413 489
Other long-term liabilities 2,161 3,384
Total liabilities 40,627 38,330
Commitments and contingencies (Note 14)
Shareholders’ equity:    
Preferred stock, $0.01 par value: Shares authorized: 30,000,000 shares at March 31, 2024 and 2023; no shares issued and outstanding at March 31, 2024 and 2023 0 0
Common stock, no par value: Shares authorized: 200,000,000 at March 31, 2024 and 2023; shares issued: 42,038,967 and 41,767,092 at March 31, 2024 and 2023; shares outstanding: 32,567,746 and 32,295,408 at March 31, 2024 and 2023 0 0
Additional paid-in capital 161,869 160,907
Treasury stock: 9,471,221 and 9,471,684 common shares at March 31, 2024 and 2023 (36,235) (36,237)
Retained deficit (103,092) (91,421)
Total shareholders’ equity 22,542 33,249
Total liabilities and shareholders’ equity $ 63,169 $ 71,579