INVENTORY

9 Months Ended

Dec. 31, 2024

Inventory Disclosure [Abstract]

INVENTORY

INVENTORY

Inventory, which primarily consists of finished goods and components used in the Company’s products, is stated at the lower of cost or net realizable value using the “moving average” cost method or the first-in first-out (FIFO) method. Inventory is shown net of a valuation reserve of $538 at March 31, 2024 and $758 at December 31, 2024.

Inventories consist of the following (in thousands):

	March 31, 2024		December 31, 2024
Components	$	9,403	$	10,434
Work in process	49		44
Finished goods, net	12,206		17,507
	$	21,658	$	27,985