UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Assets
Cash and cash equivalents	$ 5,369	$ 5,155
Accounts receivable, net	11,709	14,022
Revenue earned but not billed	5,918	4,539
Inventories	15,026	18,246
Prepaid expenses and other current assets	1,947	2,860
Total current assets	39,969	44,822
Property and equipment, net	8,662	9,593
Goodwill	1,484	1,484
Other intangible assets, net	3,973	4,462
Other long-term assets	2,184	2,808
Total assets	56,272	63,169
Liabilities and Shareholders’ Equity
Accounts payable	14,450	18,350
Accrued expenses and other	11,707	9,440
Deferred revenue, current	359	260
Current maturities of long-term debt	352	3
Total current liabilities	26,868	28,053
Revolving credit facility	9,000	10,000
Long-term debt, less current maturities	3,173	0
Deferred revenue, long-term	375	413
Other long-term liabilities	1,053	2,161
Total liabilities	40,469	40,627
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.01 par value: Shares authorized: 30,000,000 at September 30, 2024 and March 31, 2024; no shares issued and outstanding at September 30, 2024 and March 31, 2024	0	0
Common stock, no par value: Shares authorized: 200,000,000 at September 30, 2024 and March 31, 2024; shares issued: 42,375,801 at September 30, 2024 and 42,038,967 at March 31, 2024; shares outstanding: 32,905,731 at September 30, 2024 and 32,567,746 at March 31, 2024	0	0
Additional paid-in capital	162,511	161,869
Treasury stock, common shares: 9,470,070 at September 30, 2024 and 9,471,221 at March 31, 2024	(36,233)	(36,235)
Retained deficit	(110,475)	(103,092)
Total shareholders’ equity	15,803	22,542
Total liabilities and shareholders’ equity	$ 56,272	$ 63,169