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Trade Receivables
12 Months Ended
Mar. 31, 2024
Receivables [Abstract]  
Trade Receivables TRADE RECEIVABLES
Trade receivables, net, consisted of the following (in thousands):
As of March 31,
20242023
Trade receivables$12,045 $22,107 
Allowance for doubtful accounts(443)(618)
       Trade receivables, net of allowance$11,602 $21,489 

After closing adjustments, $8.6 million of the consolidated trade receivables balance at March 31, 2024 was subsequently sold to Johnson Health Tech Retail Inc. in the asset sale approved by the Bankruptcy Court on April 22, 2024. Refer to Note 28 – Subsequent Events.

Changes in our allowance for doubtful trade receivables were as follows (in thousands):

Year Ended March 31,
 20242023
Beginning balance$618 $598 
Charges to bad debt expense1,078 761 
Write-offs, net(1,253)(741)
Ending balance$443 $618