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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Mar. 31, 2024
USD ($)
Mar. 31, 2023
USD ($)
Cash flows from operating activities:    
Loss from continuing operations $ (90,370) $ (107,488)
Income from discontinued operations 0 2,089
Net loss (90,370) (105,399)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 11,197 11,103
Provision for allowance for doubtful accounts 1,078 761
Inventory lower-of-cost or net realizable value adjustments 0 821
Stock-based compensation expense 3,688 3,885
Gain on asset dispositions (9,021) (2)
Loss on debt extinguishment 353 228
Goodwill and asset impairment charge 39,635 26,965
Deferred income taxes, net of valuation allowances 868 8,958
Reorganization items 534 0
Other 1,631 691
Changes in operating assets and liabilities:    
Trade receivables 8,864 39,247
Inventories 13,986 64,954
Prepaids and other assets 4,432 11,077
Income taxes receivable 581 221
Trade payables 25,621 (22,061)
Liability-classified stock-based compensation expense (24) 24
Accrued liabilities and other liabilities, including warranty obligations (6,936) (22,627)
Net cash provided by operating activities 6,117 18,846
Cash flows from investing activities:    
Proceeds from sale of equity investment 2,350 0
Proceeds from sale of intellectual property 10,500 0
Purchases of property, plant and equipment and capitalized software development (2,891) (12,618)
Net cash provided by (used in) investing activities 9,959 (12,618)
Cash flows from financing activities:    
Proceeds from long-term debt 17,200 88,261
Payments on long-term debt (32,101) (89,660)
Payment of debt issuance costs (1,400) (2,153)
Early termination of debt (353) 0
Payments on finance lease liabilities (120) (119)
Proceeds from public offering net of transaction costs 4,547 0
Proceeds from employee stock purchases 64 213
Tax payments related to stock award issuances (123) (497)
Net cash used in financing activities (12,286) (3,955)
Effect of exchange rate changes (170) (2,059)
Net increase in cash and restricted cash 3,620 214
Cash and restricted cash at beginning of period 18,312 18,098
Cash and restricted cash at end of period 21,932 18,312
Supplemental disclosure of cash flow information:    
Cash (received) paid for income taxes, net (57) 255
Cash paid for interest 2,290 2,886
Capital expenditures incurred but not yet paid 39 379
Cash 8,658 17,362
Restricted cash 13,274 950
Total cash and restricted cash $ 21,932 $ 18,312