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Description of Business and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of typical performance obligations
The Company’s typical performance obligations include the following:
Performance Obligation
When Performance
Obligation is Typically
Satisfied
When Payment is
Typically Due
How Standalone
Selling Price is
Typically Estimated
Product Revenues
Standard purchase orders for delivery of a tangible product
Upon shipment (point in time)
Within 30 days of delivery
Observable transactions
Engineering services where the deliverable is considered a product
As work is performed (over time)
Within 30 days of services being invoiced
Estimated using a cost-plus margin approach
Service Revenues
Engineering and consulting services
As work is performed (over time)
Within 30 days of services being invoiced
Estimated using a cost-plus margin approach
SaaS
Over the course of the SaaS service once the system is available for use (over time)
At the beginning of the contract period
Estimated using a cost-plus margin approach
Schedule of cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash presented in the accompanying unaudited condensed consolidated statements of cash flows consist of the following (in thousands):
September 30,
2021
March 31,
2021
Cash and cash equivalents$28,166 $25,205 
Restricted cash240 263 
$28,406 $25,468