Accrued Liabilities (Tables)

3 Months Ended

Jun. 30, 2022

Payables and Accruals [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

	As of
	June 30, 2022		March 31, 2022
Payroll and related liabilities	$	9,233	$	10,405
Deferred revenue	6,581		6,285
Legal settlement (2)	4,602		4,250
Other	2,786		4,013
Reserves (1)	1,218		4,433
Total accrued liabilities	$	24,420	$	29,386

(1) Reserves primarily consists of inventory, sales return, sales tax and product liability reserves.

(2) Legal settlement is a loss contingency accrual related to a legal settlement involving a class action lawsuit related to advertisement of our treadmills. For further information, see Note 16, Commitments and Contingencies