Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.24.2.u1
Inventories (Tables)
9 Months Ended
Dec. 31, 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):

December 31,

March 31,

2023

2023

Raw materials

    

$

26,601

    

$

26,745

Work in process

1,213

Finished goods

5,717

13,695

Total

33,531

40,440

Less: non-current portion

(3,531)

(3,112)

Total inventory, net non-current portion

$

30,000

$

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 December 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

$

1,719

25 to 36 months

 

1,812

Total

$

3,531