REVENUE

6 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

REVENUE

REVENUE

Based on how the Company manages its business, the Company has determined that it currently operates in one reportable segment. The Company operates in three geographic regions: (a) Americas; (b) Europe, Middle East and Africa (“EMEA”); and (c) Asia Pacific (“APAC”). Revenue by geography is based on the location of the customer from which the revenue is earned.

In the following table, revenue is disaggregated by major product offerings and geographies (in thousands):

	Three Months Ended September 30,				Six Months Ended September 30,
	2022		2021		2022		2021
Americas1
Primary storage systems	$	6,839	$	11,264	$	18,253	$	18,458
Secondary storage systems	31,019		12,174		53,738		28,886
Device and media	4,694		5,269		9,666		11,791
Service and subscription	19,417		21,341		39,563		41,534
Total revenue	61,969		50,048		121,220		100,669
EMEA
Primary storage systems	1,901		4,244		4,747		7,020
Secondary storage systems	7,440		9,720		15,283		17,479
Device and media	3,702		4,513		8,765		9,894
Service and subscription	10,742		11,035		21,759		21,847
Total revenue	23,785		29,512		50,554		56,240
APAC
Primary storage systems	1,104		1,175		2,402		2,516
Secondary storage systems	5,634		4,365		8,109		8,098
Device and media	634		1,931		2,215		2,644
Service and subscription	2,533		1,983		4,794		3,808
Total revenue	9,905		9,454		17,520		17,066
Consolidated
Primary storage systems	9,844		16,683		25,402		27,994
Secondary storage systems	44,093		26,259		77,130		54,463
Device and media	9,030		11,713		20,646		24,329
Service and subscription	32,692		34,359		66,116		67,189
Royalty2	3,478		4,166		6,918		8,303
Total revenue	$	99,137	$	93,180	$	196,212	$	182,278

1 Revenue for Americas geographic region outside of the United States is not significant.

2 Royalty revenue is not allocatable to geographic regions.

Contract Balances

The following table presents the Company’s contract liabilities and certain information related to this balance as of and for the six months ended September 30, 2022 (in thousands): 

	September 30, 2022
Contract liabilities (deferred revenue)	$	110,349
Revenue recognized in the period from amounts included in contract liabilities at the beginning of the period	54,329

Remaining Performance Obligations

Remaining performance obligations consisted of the following (in thousands):

	Current		Non-Current		Total
As of September 30, 2022	$	120,040	$	42,104	$	162,144

The Company's non-current remaining performance obligations are expected to be recognized in the next 13 to 60 months.