XML 19 R9.htm IDEA: XBRL DOCUMENT v3.23.3
Revenue Recognition
 6 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Revenue, net including related parties, disaggregated by contract type is as follows (in thousands):

Three Months Ended September 30,Six Months Ended September 30,
2023202220232022
Commercial product and service3,549 $3,163 6,552 $7,596 
Government1,461 507 4,341 1,230 
Revenue, net$5,010 $3,670 $10,893 $8,826 

Revenue from related parties is as follows and included in Commercial product and service revenue (in thousands):
Three Months Ended September 30,Six Months Ended September 30,
2023202220232022
Commercial product and service$1,467 $1,428 $3,042 $3,164 
Government revenue for the three and six months ended September 30, 2023 was primarily derived from a contract with the National Security Technology Accelerator (“NSTXL”) which was awarded in May 2023, in which the Company may receive up to $15.2 million over the period from the first quarter of fiscal 2024 through the third quarter of fiscal 2026 for developing and manufacturing advanced GaN epiwafer materials in accordance with statements of work, and in support of an agreement between NSTXL and the U.S. Government. As of September 30, 2023, $7.5 million of the total $15.2 million has been funded by the U.S. Government. Government revenue for the three and six months ended September 30, 2022 was primarily derived from contracts with the U.S. Navy, which ended in December 2022.