Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2020
Summary of Significant Accounting Policies  
Schedule of changes in the accounts receivable allowances

Changes in the accounts receivable allowances are as follows as of March 31, 2020 and 2019 (in thousands):

 

 

 

 

 

Balance, March 31, 2018

 

$

5,744

 

Reductions charged to costs and expenses

 

 

(345)

 

Bad debt write-off

 

 

(101)

 

Balance, March 31, 2019

 

$

5,298

 

Additions charged to costs and expenses

 

 

431

 

Bad debt write-off

 

 

(5,026)

 

Balance, March 31, 2020

 

$

703

 

 

Schedule of geographic revenue information based on the primary operating location of the Company's customers

Following is the geographic revenue information based on the primary operating location of the Company’s customers (in thousands):

 

 

 

 

 

 

 

 

 

Year Ended March 31,

 

    

2020

    

2019

United States

 

$

31,082

 

$

45,480

Mexico

 

 

2,361

 

 

5,005

All other North America

 

 

1,145

 

 

791

Total North America

 

 

34,588

 

 

51,276

Russia

 

 

3,653

 

 

3,176

All other Europe

 

 

12,858

 

 

12,886

Total Europe

 

 

16,511

 

 

16,062

Asia

 

 

4,074

 

 

5,229

Australia

 

 

4,559

 

 

3,874

All other

 

 

9,194

 

 

6,971

Total Revenue

 

$

68,926

 

$

83,412

 

Summary of Company's revenue by product

The following table summarizes the Company’s revenue by product (in thousands):

 

 

 

 

 

 

 

 

 

Year Ended March 31,

 

    

2020

    

2019

C30

 

$

1,518

 

$

1,810

C65

 

 

9,366

 

 

11,719

C200

 

 

3,880

 

 

5,218

C600

 

 

7,204

 

 

6,286

C800

 

 

3,253

 

 

5,846

C1000

 

 

8,340

 

 

20,538

Unit upgrades

 

 

229

 

 

 —

Microturbine Products

 

$

33,790

 

$

51,417

Accessories and Parts

 

 

14,353

 

 

14,886

Total Product, Accessories and Parts

 

 

48,143

 

 

66,303

Service

 

 

20,783

 

 

17,109

Total Revenue

 

$

68,926

 

$

83,412