REVENUE (Tables)

3 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables provide detail of Orion’s total revenue for the three months ended June 30, 2024 and June 30, 2023 (dollars in thousands):

	Three Months Ended June 30, 2024
	Product		Services		Total
Revenue from contracts with customers:
Lighting product and installation	$	10,045	$	2,674	$	12,719
Maintenance services		1,000		2,323		3,323
Electric vehicle charging		1,688		2,142		3,830
Solar energy related revenues		15		—		15
Total revenues from contracts with customers		12,748		7,139		19,887
Revenue accounted for under other guidance		19		—		19
Total revenue	$	12,767	$	7,139	$	19,906
	Three Months Ended June 30, 2023
	Product		Services		Total
Revenue from contracts with customers:
Lighting product and installation	$	11,785	$	831	$	12,616
Maintenance services		899		2,855		3,754
Electric vehicle charging		982		256		1,238
Total revenues from contracts with customers		13,666		3,942		17,608
Revenue accounted for under other guidance		5		—		5
Total revenue	$	13,671	$	3,942	$	17,613

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 June 30, 2024 and March 31, 2024 (dollars in thousands):

	June 30, 2024		March 31, 2024
Accounts receivable, net	$	12,475	$	14,022
Revenue earned but not billed	$	4,841	$	4,539
Deferred revenue (1)	$	124	$	124

(1) Includes the unamortized portion of the funds received from the federal government in 2010 and 2011 as reimbursement for the costs to build the two facilities related to the PPAs. As the transaction is not considered a contract with a customer, this value is not a contract liability as defined by ASC 606.