Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.22.4
Inventories (Tables)
9 Months Ended
Dec. 31, 2022
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):

December 31,

March 31,

    

2022

    

2022

 

Raw materials

$

30,648

$

20,071

Finished goods

399

1,935

Total

31,047

22,006

Less: inventory reserve

(2,390)

(1,861)

Less: non-current portion

(3,055)

(1,680)

Total inventory, net-current portion

$

25,602

$

18,465

Schedule of expected usage for non-current inventory The Company expects to use the non-current portion of the inventories on hand as of December 31, 2022 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

$

1,645

25 to 36 months

 

1,410

Total

$

3,055