v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (26,347) $ (26,811)
Adjustments to reconcile net loss to cash (used in) provided by operating activities:    
Depreciation & amortization 7,198 8,383
Impairment of assets 1,065 2,142
Non-cash lease expense 3,144 3,510
Amortization of deferred financing fees and debt discount 310 299
Bad debt expense 74 0
Stock-based compensation expense 10,881 9,771
Provision for inventory obsolescence 706 1,072
Change in fair value of warrant liabilities and derivatives (913) 652
Paid in kind interest on convertible notes 0 2,235
Changes in operating assets and liabilities:    
Accounts receivable (2,748) (3,719)
Inventory (3,942) (7,255)
Prepaid expenses and other current assets (102) (2,105)
Other noncurrent assets (947) (1,733)
Accounts payable and accrued expenses (4,297) 26,696
Deferred revenue 912 (2,433)
Operating lease liabilities (4,293) (3,919)
Other liabilities (2,508) (3,606)
Net cash (used in) provided by operating activities (21,807) 3,179
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (2,703) (4,428)
Net cash used in investing activities (2,703) (4,428)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of finance lease obligations (174) (165)
Proceeds from the exercise of stock options 66 554
Proceeds from issuance of common stock under ESPP 359 425
Tax payments related to the issuance of common stock (1,384) (2,181)
Excise tax from stock repurchases 20 (43)
Payments to repurchase common stock (1,770) (8,023)
Payments of long-term debt (42,880) 0
Net cash used in financing activities (45,763) (9,433)
Effect of exchange rate changes on cash (106) (37)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (70,379) (10,719)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—BEGINNING OF PERIOD 97,531 130,704
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD 27,152 119,985
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Cash and cash equivalents 21,683 115,259
Restricted cash - prepaid expenses and other current assets, other noncurrent assets 5,469 4,726
Total cash, cash equivalents and restricted cash 27,152 119,985
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Purchases of property and equipment included in accounts payable and accrued liabilities 168 189
Cash paid for interest $ 2,351 $ 88