Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash Flows from Operating Activities:
Net income (loss)	$ 12,674	$ (14,189)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	3,001	2,309
Amortization of financing costs and discounts	49	60
Paid-in-kind interest expense	1,100
Amortization of right-of-use assets	2,482	848
Allowance for credit loss expense	0	437
Inventory provision	552	771
Provision for warranty expenses	143	369
Stock-based compensation	2,057	617
Non-cash reorganization items, net	(35,255)
Changes in operating assets and liabilities:
Accounts receivable	981	3,725
Inventories	6,638	(7,535)
Prepaid expenses, other current assets and other assets	(1,029)	(933)
Accounts payable and accrued expenses	(4,646)	920
Operating lease liability	(2,464)	(931)
Accrued salaries and wages and long-term liabilities	59	274
Accrued warranty reserve	(126)	(312)
Deferred revenue	(5,752)	2,472
Factory protection plan liability	(2,527)	2,678
Net cash used in operating activities	(22,063)	(8,420)
Cash Flows from Investing Activities:
Expenditures for equipment and leasehold improvements	(4,551)	(3,999)
Net cash used in investing activities	(4,551)	(3,999)
Cash Flows from Financing Activities:
Proceeds from debtors-in-possession facility	12,000
Debt issuance costs	(244)
Repayment of capital lease obligations	(115)	(772)
Net proceeds from sale of common stock and warrants		7,250
Net cash provided by financing activities	17,641	6,478
Net decrease in Cash and Cash Equivalents	(8,973)	(5,941)
Cash and Cash Equivalents, Beginning of Period	12,839	22,559
Cash and Cash Equivalents, End of Period	3,866	16,618
Supplemental Disclosures of Cash Flow Information: Cash paid during the period for:
Interest	1,620	4,128
Supplemental Disclosures of Cash Flow Information: Cash paid during the period for:
Income taxes	14	13
Supplemental Disclosures of Non-Cash Information:
Acquisition of property and equipment through accounts payable		565
Renewal of insurance contracts financed by notes payable		665
Deemed dividend		97
Right-of-use assets obtained in exchange for lease obligations	7,348	$ 9,764
Settlement of lease obligations with accounts receivable due	502
Conversion of inventory to rental assets	280
Rental Assets Capitalized from Prepaids	623
Paid-in-kind debt discount in connection with the three-year term note	500
Three-year term note
Cash Flows from Financing Activities:
Proceeds net	3,000
Exit new money note
Cash Flows from Financing Activities:
Proceeds net	$ 3,000