Annual report pursuant to Section 13 and 15(d)

Inventories (Tables)

v3.24.1.1.u2
Inventories (Tables)
12 Months Ended
Mar. 31, 2023
Inventories  
Summary of inventory

Inventories are valued at the lower of cost (determined on a FIFO basis) or net realizable value and consisted of the following (in thousands):

March 31,

March 31,

    

2023

    

2022

 

Raw materials

$

29,222

$

20,071

Finished goods

13,695

13,637

Total

42,917

33,708

Less: inventory reserve

(2,477)

(1,861)

Less: non-current portion

(3,112)

(1,680)

Total inventory, net-current portion

$

37,328

$

30,167

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, 2023 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

$

1,469

25 to 36 months

 

1,643

Total

$

3,112