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ACQUISITION (Tables)
12 Months Ended
Mar. 31, 2022
Business Combinations [Abstract]  
Schedule of Preliminary Allocation of Purchase Consideration to Fair Value of Assets Acquired and Liabilities Assumed

The preliminary allocation of the purchase consideration to the fair value of the assets acquired and liabilities assumed as of January 1, 2022, is as follows (dollars in thousands):

 

Cash

 

$

95

 

Accounts receivable

 

 

2,690

 

Revenue earned but not billed

 

 

342

 

Inventory

 

 

504

 

Prepaid expenses and other current assets

 

 

41

 

Property and equipment

 

 

958

 

Goodwill

 

 

350

 

Other intangible assets

 

 

696

 

Other long-term assets

 

 

537

 

Accounts payable

 

 

(965

)

Accrued expenses and other

 

 

(550

)

Other long-term liabilities

 

 

(412

)

Net purchase consideration

 

 

4,286

 

Schedule of Intangible Assets Acquired at Date of Acquisition The following table presents the details of the intangible assets acquired at the date of acquisition (dollars in thousands):

 

 

 

Estimated

Fair Value

 

Estimated Useful Life (Years)

 

Tradename

 

$

118

 

 

5

 

Customer relationships

 

 

578

 

 

8