ACCOUNTS RECEIVABLE

9 Months Ended

Dec. 31, 2024

Receivables [Abstract]

ACCOUNTS RECEIVABLE

NOTE 4 — ACCOUNTS RECEIVABLE

As of December 31, 2024 and March 31, 2024, Orion's accounts receivable and allowance for credit losses balances were as follows (dollars in thousands):

	December 31, 2024			March 31, 2024
Accounts receivable, gross	$	12,364		$	14,094
Allowance for credit losses		(130	)		(72	)
Accounts receivable, net	$	12,234		$	14,022

Changes in Orion’s allowance for credit losses were as follows (dollars in thousands):

	For the Three Months Ended December 31,						For the Nine Months Ended December 31,
	2024			2023			2024			2023
Beginning of period	$	(66	)	$	(272	)	$	(72	)	$	(86	)
Reserve adjustment		—			20			—			20
Credit loss expense		(75	)		—			(130	)		(190	)
Write-off		11			—			72			4
End of period	$	(130	)	$	(252	)	$	(130	)	$	(252	)