Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.21.2
Inventories (Tables)
3 Months Ended
Jun. 30, 2021
Inventories  
Summary of inventory

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 (in thousands):

June 30,

March 31,

    

2021

    

2021

 

Raw materials

$

18,797

$

15,755

Work in process

 

(30)

Finished goods

Total

18,797

15,725

Less: inventory reserve

(2,058)

(2,051)

Less: non-current portion

(1,802)

(1,845)

Total inventory, net-current portion

$

14,937

$

11,829

Schedule of expected usage for non-current inventory The Company expects to use the non-current portion of the inventories on hand as of June 30, 2021 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

$

905

25 to 36 months

 

897

Total

$

1,802