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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (3,744) $ (2,029)
Adjustments to reconcile Net Loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,088 2,984
Inventory write-down 326 1,658
Asset impairment 0 516
Income from equity method of investments (2,477) (2,917)
Other 1,132 614
Change in operating assets and liabilities:    
Accounts receivable 8,865 4,936
Inventories 17,061 (12,469)
Accounts payable 3,087 (109)
Accrued expenses (1,105) 1,447
Employee retention credit receivable 940 2,456
Other (3,028) (902)
Net cash provided by (used in) operating activities 23,145 (3,815)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in unconsolidated entities (1,086) (2,609)
Capital expenditures related to property & equipment (678) (1,008)
Capital expenditures related to assets on lease or held for lease 0 (29)
Other 1,983 556
Net cash provided by (used in) investing activities 219 (3,090)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from lines of credit 84,735 102,015
Payments on lines of credit (99,426) (91,865)
Proceeds from term loan 0 8,177
Payments on term loan (17,116) (12,300)
Proceeds from issuance of Trust Preferred Securities ("TruPs") 7,285 0
Other (629) (1,161)
Net cash (used in) provided by financing activities (25,151) 4,866
Effect of foreign currency exchange rates on cash and cash equivalents (116) 181
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (1,903) (1,858)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 7,090 8,368
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD $ 5,187 $ 6,510