Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.21.2
Inventories (Tables)
3 Months Ended
Jun. 30, 2021
Inventories  
Summary of inventory

Inventories are valued at the lower of cost (determined on a first in first out (“FIFO”) basis) or net realizable value and consisted of the following (in thousands):

​

​

​

​

​

​

​

​

​

​

June 30,

​

March 31,

​

​

    

2021

    

2021

 

Raw materials

​

$

18,797

​

$

15,755

​

Work in process

​

​

—

​

 

(30)

​

Finished goods

​

​

—

​

​

—

​

Total

​

​

18,797

​

​

15,725

​

Less: inventory reserve

​

​

(2,058)

​

​

(2,051)

​

Less: non-current portion

​

​

(1,802)

​

​

(1,845)

​

Total inventory, net-current portion

​

$

14,937

​

$

11,829

​

Schedule of expected usage for non-current inventory The Company expects to use the non-current portion of the inventories on hand as of June 30, 2021 over the periods presented in the following table (in thousands):

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​

​

​

​

​

​

​

​

Non-current Inventory

​

​

 

​

Balance Expected

​

Expected Period of Use

    

​

to be Used

 

13 to 24 months

​

$

905

​

25 to 36 months

​

 

897

​

Total

​

$

1,802

​