Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.1.1.u2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2023
Summary of Significant Accounting Policies  
Schedule of changes in the accounts receivable allowances

Balance, March 31, 2021

$

197

Additions charged to expenses

 

391

Bad debt write-off

 

(2)

Balance, March 31, 2022

$

586

Additions charged to expenses

 

4,277

Bad debt write-off

 

(50)

Balance, March 31, 2023

$

4,813

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

Year Ended March 31,

 

    

2023

    

2022

 

United States

$

45,071

$

30,269

Mexico

 

2,990

 

3,706

All other North America

 

1,412

 

600

Total North America

 

49,473

 

34,575

Russia

 

3,045

 

3,381

All other Europe

11,553

10,872

Total Europe

14,598

14,253

Asia

 

3,251

 

5,978

Australia

 

2,840

 

4,195

All other

 

3,720

 

4,963

Total Revenue

$

73,882

$

63,964

Summary of Company's revenue by product

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

Year Ended March 31,

 

    

2023

    

2022

 

C30

$

383

$

1,101

C65

12,021

8,763

C200

 

4,035

 

3,213

C400

 

321

 

1,555

C600

 

4,361

 

5,344

C800

 

 

4,935

C1000

 

12,075

 

6,456

Microturbine Products

$

33,196

$

31,367

Accessories

1,837

1,353

Total Product and Accessories

35,033

32,720

Parts and Service

30,684

28,475

Rentals

 

8,165

 

2,769

Total Revenue

$

73,882

$

63,964