Income Taxes (Tables)

12 Months Ended

Mar. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of income (loss) from continuing operations before income taxes

For the year ended March 31, income (loss) before income taxes consisted of the following:

(In thousands)		2023		2022		2021
Income (loss) before income taxes
United States	$	14,526	$	1,598	$	(26,272	)
Foreign		1,238		4,913		5,063
Total income (loss) before income taxes	$	15,764	$	6,511	$	(21,209	)

Schedule of income tax (benefit) expense

For the year ended March 31, income tax expense (benefit) consisted of the following:

(In thousands)		2023			2022			2021
Income tax expense (benefit)
Current:
Federal	$	87		$	62		$	9
State and local		277			21			30
Foreign		1,070			853			731
Deferred:
Federal		12			12			12
State and local		77			7			32
Foreign		(341	)		(922	)		(1,022	)
Total income tax expense (benefit)	$	1,182		$	33		$	(208	)

Schedule of effective income tax rate reconciliation

The following table presents the principal components of the difference between the effective tax rate and the U.S. federal statutory income tax rate for the years ended March 31:

(In thousands)	2023			2022			2021
Income tax expense (benefit) at the US Federal statutory rate	$	3,340		$	1,368		$	(4,454	)
Expense (benefit) for state taxes		377			(65	)		(803	)
Impact of foreign operations		(78	)		(819	)		(841	)
Indefinite life assets		20			19			43
Intercompany gain		177			—			—
Change in valuation allowance		(2,276	)		(2,623	)		7,271
Change in liability for unrecognized tax benefits		24			25			26
Share-based compensation		(241	)		(2,018	)		(2,232	)
Global intangible low-taxed income		101			971			985
Deferred adjustments		(281	)		(260	)		(478	)
Provision to return		(31	)		3,438			278
Other		50			(3	)		(3	)
Total income tax expense (benefit)	$	1,182		$	33		$	(208	)

Schedule of deferred tax assets and liabilities

Deferred tax assets and liabilities as of March 31, are as follows:

(In thousands)	2023			2022
Deferred tax assets:
Accrued liabilities	$	8,748		$	7,574
Allowance for expected credit losses and doubtful accounts		132			83
Federal losses and credit carryforwards		36,912			50,612
Foreign losses and credit carryforwards		3,555			2,793
State losses and credit carryforwards		10,080			11,179
Deferred revenue		291			193
Capitalized research expenses		11,399			—
Property and equipment and software amortization		325			416
Operating lease liabilities		4,171			1,489
Goodwill and other intangible assets		(536	)		607
Other		185			163
		75,262			75,109
Less: valuation allowance		(67,928	)		(69,515	)
Total		7,334			5,594
Deferred tax liabilities:
Operating lease right-of-use assets		(3,153	)		(1,269	)
Goodwill and other intangible assets		(3,659	)		(2,575	)
Other		12			(15	)
Total		(6,800	)		(3,859	)
Total deferred tax assets, net	$	534		$	1,735