UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024
Assets
Cash and cash equivalents	$ 5,692	$ 5,155
Accounts receivable, net	12,475	14,022
Revenue earned but not billed	4,841	4,539
Inventories	15,860	18,246
Prepaid expenses and other current assets	3,272	2,860
Total current assets	42,140	44,822
Property and equipment, net	9,275	9,593
Goodwill	1,484	1,484
Other intangible assets, net	4,214	4,462
Other long-term assets	2,642	2,808
Total assets	59,755	63,169
Liabilities and Shareholders’ Equity
Accounts payable	14,421	18,350
Accrued expenses and other	9,835	9,440
Deferred revenue, current	245	260
Current maturities of long-term debt	264	3
Total current liabilities	24,765	28,053
Revolving credit facility	10,000	10,000
Long-term debt, less current maturities	3,261	0
Deferred revenue, long-term	394	413
Other long-term liabilities	2,256	2,161
Total liabilities	40,676	40,627
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.01 par value: Shares authorized: 30,000,000 at June 30, 2024 and March 31, 2024; no shares issued and outstanding at June 30, 2024 and March 31, 2024	0	0
Common stock, no par value: Shares authorized: 200,000,000 at June 30, 2024 and March 31, 2024; shares issued: 42,214,171 at June 30, 2024 and 42,038,967 at March 31, 2024; shares outstanding: 32,743,409 at June 30, 2024 and 32,567,746 at March 31, 2024	0	0
Additional paid-in capital	162,163	161,869
Treasury stock, common shares: 9,470,762 at June 30, 2024 and 9,471,221 at March 31, 2024	(36,234)	(36,235)
Retained deficit	(106,850)	(103,092)
Total shareholders’ equity	19,079	22,542
Total liabilities and shareholders’ equity	$ 59,755	$ 63,169