XML 25 R15.htm IDEA: XBRL DOCUMENT v3.22.4

Note 9 - Inventory

9 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Inventory Disclosure [Text Block]

9. Inventory

Inventory, net of reserves, at  December 31, 2022 and  March 31, 2022 consisted of the following (in thousands):

		December 31, 2022				March 31, 2022
Raw materials		$	18,122			$	11,020
Work-in-process			12,496				10,462
Finished goods			7,146				1,326
Deferred program costs			961				858
Net inventory		$	38,725			$	23,666

The Company recorded inventory write-downs of $0.2 million and $0.4 million for the three months ended December 31, 2022 and 2021, respectively. The Company recorded inventory write-downs of $1.2 million and $1.6 million for the nine months ended December 31, 2022 and 2021, respectively. These write-downs were based on the Company's evaluation of its inventory on hand for excess quantities and obsolescence.

Deferred program costs as of  December 31, 2022 and  March 31, 2022, primarily represent costs incurred on programs where the Company needs to complete performance obligations before the related revenue and costs will be recognized.

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI https://asc.fasb.org/topic&trid=2126998

+ Details

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration