Revenue Recognition (Tables)
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9 Months Ended |
Dec. 31, 2025 |
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| Revenue from Contract with Customer [Abstract] |
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| Schedule of disaggregated revenue by business group |
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Three Months Ended December 31, |
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Nine Months Ended December 31, |
|
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2025 |
|
2024 |
|
2025 |
|
2024 |
Microturbine Products |
|
$ |
12,512 |
|
$ |
7,873 |
|
$ |
43,872 |
|
$ |
24,021 |
Accessories |
|
|
1,061 |
|
|
399 |
|
|
1,533 |
|
|
944 |
Total Product and Accessories |
|
|
13,573 |
|
|
8,272 |
|
|
45,405 |
|
|
24,965 |
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Parts and Services |
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|
9,327 |
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|
7,405 |
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|
25,126 |
|
|
23,166 |
Total ASC 606 Revenue |
|
$ |
22,900 |
|
$ |
15,677 |
|
$ |
70,531 |
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$ |
48,131 |
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|
|
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|
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|
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Rentals |
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|
3,862 |
|
|
4,471 |
|
|
12,487 |
|
|
10,382 |
Total ASC 842 Revenue |
|
|
3,862 |
|
|
4,471 |
|
|
12,487 |
|
|
10,382 |
Total Revenue |
|
$ |
26,762 |
|
$ |
20,148 |
|
$ |
83,018 |
|
$ |
58,513 |
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| Schedule of disaggregated revenue by geography based on the primary operating location |
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Three Months Ended December 31, |
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Nine Months Ended December 31, |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
United States |
|
$ |
12,337 |
|
$ |
12,447 |
|
$ |
56,863 |
|
$ |
37,233 |
Mexico |
|
|
7,287 |
|
|
800 |
|
|
9,861 |
|
|
2,418 |
All other North America |
|
|
222 |
|
|
18 |
|
|
347 |
|
|
155 |
Total North America |
|
|
19,846 |
|
|
13,265 |
|
|
67,071 |
|
|
39,806 |
Europe |
|
|
2,764 |
|
|
3,271 |
|
|
8,644 |
|
|
8,222 |
Asia |
|
|
1,093 |
|
|
1,027 |
|
|
2,423 |
|
|
1,923 |
Australia |
|
|
299 |
|
|
367 |
|
|
1,194 |
|
|
2,284 |
All other |
|
|
2,760 |
|
|
2,218 |
|
|
3,686 |
|
|
6,278 |
Total Revenue |
|
$ |
26,762 |
|
$ |
20,148 |
|
$ |
83,018 |
|
$ |
58,513 |
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| Schedule of changes in deferred revenue |
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Nine Months Ended December 31, |
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2025 |
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2024 |
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Opening balance, beginning of the fiscal year |
|
$ |
13,949 |
|
$ |
11,858 |
Closing balance, end of the period |
|
$ |
14,504 |
|
$ |
15,941 |
Revenue recognized in the period from: |
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Amounts included in deferred revenue at the beginning of the period |
|
$ |
11,633 |
|
$ |
4,447 |
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