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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities    
Net loss $ (8,890) $ (13,281)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 959 1,067
Amortization of intangible assets 754 813
Stock-based compensation 822 681
Amortization of debt issue costs 155 74
Loss on sale of property and equipment 91 84
Provision for inventory reserves 115 325
Provision for credit losses 65 170
Other 197 1
Changes in operating assets and liabilities:    
Accounts receivable 1,723 (2,156)
Revenue earned but not billed 2,353 (372)
Inventories 4,462 (2,963)
Prepaid expenses and other assets 1,792 (1,189)
Accounts payable (4,938) 5,506
Accrued expenses and other 1,668 1,337
Deferred revenue, current and long-term (30) (364)
Net cash provided by (used in) operating activities 1,298 (10,267)
Investing activities    
Purchases of property and equipment (48) (868)
Proceeds from sale of property, plant and equipment 189 118
Additions to patents and licenses (7) 0
Net cash provided by (used in) investing activities 134 (750)
Financing activities    
Payment of long-term debt (116) (11)
Proceeds from long-term debt 3,525 0
Payments of revolving credit facility (2,500) 0
Proceeds from employee equity exercises 1 3
Net cash provided by (used in) financing activities 910 (8)
Net increase (decrease) in cash and cash equivalents 2,342 (11,025)
Cash and cash equivalents at beginning of period 5,155 15,992
Cash and cash equivalents at end of period 7,497 4,967
Supplemental disclosure of non-cash investing and financing activities:    
Operating lease assets obtained in exchange for new operating lease liabilities $ 0 $ 363