Annual report pursuant to Section 13 and 15(d)

Inventories (Tables)

Inventories (Tables)

12 Months Ended

Mar. 31, 2019

Inventories are valued at the lower of cost (determined on a first in first out (“FIFO”) basis) or net realizable value and consisted of the following as of March 31, 2019 and 2018 (in thousands):


	March 31,		March 31,
	2019		2018
Raw materials	$	24,426	$	17,981
Work in process		—		111
Finished goods		1,207		4,076
Total		25,633		22,168
Less inventory reserve		(3,887)		(5,494)
Less non-current portion		(1,403)		(1,041)
Current portion	$	20,343	$	15,633

Schedule of expected usage for non-current inventory

The Company expects to use the non‑current portion of the inventories on hand as of March 31, 2019 over the periods presented in the following table (in thousands):


		Non-current Inventory
		Balance Expected
Expected Period of Use		to be Used
13 to 24 months	$	727
25 to 36 months		676
Total	$	1,403