Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

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Inventories (Tables)
6 Months Ended
Sep. 30, 2023
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):

    

    

September 30, 2023

March 31, 2023

Raw materials

$

26,334

        

$

26,745

Finished goods

6,389

13,695

Total

32,723

40,440

Less: non-current portion

(3,643)

(3,112)

Total inventory, net-current portion

$

29,080

$

37,328

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

$

1,569

25 to 36 months

 

2,074

Total

$

3,643