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, 2021	Dec. 31, 2020
Cash Flows from Operating Activities:
Net loss	$ (13,322)	$ (13,630)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	1,337	1,072
Amortization of financing costs and discounts	26	614
Amortization of right-of-use assets	552	289
Loss (gain) on debt extinguishment	(1,950)	4,282
Reduction in accounts receivable allowances		(228)
Inventory provision	386	138
Provision for warranty expenses	358	535
Gain on disposal of equipment		(1)
Stock-based compensation	973	678
Changes in operating assets and liabilities:
Accounts receivable	(6,249)	(2,612)
Inventories	(5,637)	9,402
Prepaid expenses, other current assets and other assets	509	899
Accounts payable and accrued expenses	5,953	(774)
Accrued salaries and wages and long term liabilities	(168)	(173)
Accrued warranty reserve	(4,780)	(946)
Deferred revenue	(981)	(2,911)
Net cash used in operating activities	(22,993)	(3,366)
Cash Flows from Investing Activities:
Expenditures for property, plant, equipment and rental assets	(5,748)	(1,269)
Net cash used in investing activities	(5,748)	(1,269)
Cash Flows from Financing Activities:
Net proceeds from term note payable		20,833
Repayment of notes payable and lease obligations	(590)	(655)
Cash used in employee stock-based transactions	(129)	(43)
Net proceeds from issuance of common stock and warrants	11,194	1,402
Net cash provided by financing activities	10,475	21,537
Net increase (decrease) in Cash and Cash Equivalents	(18,266)	16,902
Cash and Cash Equivalents, Beginning of Period	49,533	15,068
Cash and Cash Equivalents, End of Period	31,267	31,970
Supplemental Disclosures of Cash Flow Information:
Interest	3,818	3,038
Income taxes	17	14
Supplemental Disclosures of Non-Cash Information:
Acquisition of property and equipment through accounts payable	118	39
Renewal of insurance contracts financed by notes payable	567	593
Issuance of common stock for services to be received	$ 75
Deemed dividend		$ 15