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11. RELATED PARTY TRANSACTION
6 Months Ended
Sep. 30, 2023
RELATED PARTY TRANSACTION  
NOTE 11 - RELATED PARTY TRANSACTION

NOTE 11—RELATED PARTY TRANSACTION

The Company incurred non-recurring engineering service expense and production charges of approximately $0 and $140,000 during the three months ended September 30, 2023 and 2022, respectively, and $0 and $197,000 during the six months ended September 30, 2023 and 2022, respectively, from Wistron Neweb Corp (“WNC”) in connection with the manufacturing of single-APU PCIe boards, to be used in the Company’s in-place associative computing product. Haydn Hsieh, a member of the Company’s board of directors, is the Chairman and Chief Strategy Officer of WNC. The amount owed to WNC, of $0 and $8,000 at September 30, 2023 and March 31, 2023, respectively, is included in accounts payable in the Condensed Consolidated Balance Sheets.