Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2019
Summary of Significant Accounting Policies  
Schedule of changes in the accounts receivable allowances

Changes in the accounts receivable allowances are as follows as of March 31, 2019 and 2018 (in thousands):

 

 

 

 

 

Balance, March 31, 2017

 

$

6,845

 

Additions charged to costs and expenses

 

 

(1,099)

 

Bad debt write-off

 

 

(2)

 

Balance, March 31, 2018

 

$

5,744

 

Additions charged to costs and expenses

 

 

(345)

 

Bad debt write-off

 

 

(101)

 

Balance, March 31, 2019

 

$

5,298

 

 

Schedule of geographic revenue information based on the primary operating location of the Company's customers

Following is the geographic revenue information based on the primary operating location of the Company’s customers (in thousands):

 

 

 

 

 

 

 

 

 

 

Year Ended

 

Year Ended

 

 

    

March 31, 2019

    

March 31, 2018

    

United States

 

$

45,480

 

$

39,100

 

Mexico

 

 

5,005

 

 

2,007

 

All other North America

 

 

791

 

 

158

 

Total North America

 

 

51,276

 

 

41,265

 

Russia

 

 

3,176

 

 

2,824

 

All other Europe

 

 

12,886

 

 

12,762

 

Total Europe

 

 

16,062

 

 

15,586

 

Asia

 

 

5,229

 

 

8,378

 

Australia

 

 

3,874

 

 

5,443

 

All other

 

 

6,971

 

 

12,165

 

Total Revenue

 

$

83,412

 

$

82,837

 

 

Summary of Company's revenue by product

The following table summarizes the Company’s revenue by product (in thousands):

 

 

 

 

 

 

 

 

 

 

Year Ended

 

Year Ended

 

 

    

March 31, 2019

    

March 31, 2018

    

C30

 

$

1,810

 

$

1,694

 

C65

 

 

11,719

 

 

12,740

 

C200

 

 

5,218

 

 

2,832

 

C600

 

 

6,286

 

 

9,057

 

C800

 

 

5,846

 

 

6,461

 

C1000

 

 

20,538

 

 

17,886

 

Unit upgrades

 

 

 —

 

 

143

 

Microturbine Products

 

$

51,417

 

$

50,813

 

Accessories and Parts

 

 

14,886

 

 

15,941

 

Total Product, Accessories and Parts

 

 

66,303

 

 

66,754

 

Service

 

 

17,109

 

 

16,083

 

Total Revenue

 

$

83,412

 

$

82,837