Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation, Significant Accounting Policies and Going Concern (Policies)
Notes Tables
Notes Details

Revenue Recognition (Tables)

v3.24.3

Revenue Recognition (Tables)

12 Months Ended

Mar. 31, 2024

Revenue Recognition

Schedule of disaggregated revenue by business group

The following table presents disaggregated revenue by business group (in thousands):


	Year Ended March 31,
	2024		2023
Microturbine Products	$	47,787	$	33,196
Accessories		1,320		1,837
Total Product and Accessories		49,107		35,033

Parts and Service		30,681		30,684
Rentals		11,431		8,165
Total Revenue	$	91,219	$	73,882

Schedule of disaggregated revenue by geography based on the primary operating location

The following table presents disaggregated revenue by geography based on the primary operating location of the Company’s customers (in thousands):


	Year Ended March 31,
	2024		2023
United States	$	54,574	$	45,071
Mexico		5,070		2,990
All other North America		1,278		1,412
Total North America		60,922		49,473
Russia		—		3,045
All other Europe		18,333		11,553
Total Europe		18,333		14,598
Asia		3,137		3,251
Australia		4,746		2,840
All other		4,081		3,720
Total Revenue	$	91,219	$	73,882

Schedule of changes in deferred revenue

Changes in deferred revenue consisted of the following (in thousands):


	March 31,		March 31,
	2024		2023
Opening balance, beginning of the year	$	24,189	$	15,816
Closing balance, end of the year	$	11,858	$	24,189
Revenue recognized during the year from:
Amounts included in deferred revenue at the beginning of the year	$	16,527	$	13,026

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

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-Paragraph 10
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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
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- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

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