XML 18 R3.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 25,850 $ 16,587
Restricted cash 125 140
Accounts Receivable, after Allowance for Credit Loss, Current 25,672 23,809
Unbilled accounts receivable 7,271 8,349
Inventories 13,432 10,841
Prepaid expenses and other current assets 3,581 3,128
Total current assets 75,931 62,854
Property and equipment, net 1,296 1,297
Right-of-use assets 7,237 8,345
Intangible assets, net 9,602 10,190
Goodwill 28,340 28,340
Other assets 1,039 768
Total assets 123,445 111,794
Current liabilities:    
Trade accounts payable 15,852 12,943
Accrued payroll and related expenses 12,812 12,923
Accrued liabilities 6,596 5,453
Deferred revenues 8,070 6,720
Total current liabilities 43,330 38,039
Lease liabilities 6,210 7,641
Deferred income taxes 515 422
Unrecognized tax benefits 39 79
Other long-term liabilities 3,444 2,707
Total liabilities 53,538 48,888
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $1.00 par value: Authorized shares—2,000 issued and outstanding shares—none 0 0
Common stock, $0.10 par value; Authorized shares—70,000 at March 31, 2024 and 2023 issued and outstanding shares—42,972 at March 31, 2024 and 42,808 at March 31, 2023 4,298 4,282
Treasury stock (15) (891)
Additional paid-in capital 194,093 190,082
Accumulated deficit (128,469) (130,567)
Total stockholders’ equity 69,907 62,906
Total liabilities and stockholders’ equity $ 123,445 $ 111,794