Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.22.2.2
Inventories (Tables)
6 Months Ended
Sep. 30, 2022
Inventories  
Summary of inventory

Inventories are valued at the lower of cost (determined on a first in first out (“FIFO”) basis) or net realizable value and consisted of the following (in thousands):

September 30,

March 31,

    

2022

    

2022

 

Raw materials

$

25,452

$

20,071

Work in process

696

 

Finished goods

1,935

Total

26,148

22,006

Less: inventory reserve

(2,070)

(1,861)

Less: non-current portion

(2,277)

(1,680)

Total inventory, net-current portion

$

21,801

$

18,465

Schedule of expected usage for non-current inventory The Company expects to use the non-current portion of the inventories on hand as of September 30, 2022 over the periods presented in the following table (in thousands):

Non-current Inventory

 

Balance Expected

Expected Period of Use

    

to be Used

 

13 to 24 months

$

988

25 to 36 months

 

1,289

Total

$

2,277