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, 2024	Dec. 31, 2023
Cash Flows from Operating Activities:
Net income (loss)	$ (7,064)	$ 12,674
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	3,023	3,001
Amortization of financing costs and discounts	71	49
Paid-in-kind interest expense	2,714	1,100
Non-cash lease expense	2,957	2,482
Provision for credit loss expense	621	0
Inventory provision	639	552
Provision (benefit) for warranty expenses	(203)	143
Stock-based compensation	168	2,057
Non-cash reorganization items, net		(35,255)
Changes in operating assets and liabilities:
Accounts receivable	(6,066)	981
Inventories	4,279	6,638
Prepaid expenses, other current assets and other assets	1,887	(1,029)
Accounts payable and accrued expenses	(606)	(4,646)
Operating lease liability, net	(2,988)	(2,464)
Accrued salaries and wages and long-term liabilities	(166)	59
Accrued warranty reserve	(154)	(126)
Deferred revenue	4,083	(5,752)
Factory protection plan liability	(961)	(2,527)
Net cash provided by (used in) operating activities	2,234	(22,063)
Cash Flows from Investing Activities:
Expenditures for property, plant, equipment and rental assets	(841)	(4,551)
Net cash used in investing activities	(841)	(4,551)
Cash Flows from Financing Activities:
Proceeds from debtors-in-process facility		12,000
Debt issuance costs		(244)
Repayment of finance lease obligations	(164)	(115)
Net cash provided by (used in) financing activities	(164)	17,641
Net increase (decrease) in Cash	1,229	(8,973)
Cash, Beginning of Period	2,085	12,839
Cash, End of Period	3,314	3,866
Supplemental Disclosures of Cash Flow Information: Cash paid during the period for:
Interest	97	1,620
Supplemental Disclosures of Cash Flow Information: Cash paid during the period for:
Income taxes	100	14
Supplemental Disclosures of Non-Cash Information:
Right-of-use assets obtained in exchange for lease obligations		7,348
Rental assets transferred to inventory	3,067
Rental assets capitalized from prepaids		623
Settlement of lease liabilities through accounts receivable	$ 572	502
Conversion of inventory to rental assets		280
Paid-in-kind debt discount in connection with the three-year term note		500
Term Note Payable, Amended and Restated Note Purchase Agreement
Cash Flows from Financing Activities:
Proceeds from three-year term note		3,000
New Money Notes
Cash Flows from Financing Activities:
Proceeds from three-year term note		$ 3,000