Revenue Recognition (Tables)
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6 Months Ended |
Sep. 30, 2025 |
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| Revenue from Contract with Customer [Abstract] |
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| Schedule of disaggregated revenue by business group |
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Three Months Ended September 30, |
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Six Months Ended September 30, |
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2025 |
|
2024 |
|
2025 |
|
2024 |
Microturbine Products |
|
$ |
15,994 |
|
$ |
10,885 |
|
$ |
31,360 |
|
$ |
16,147 |
Accessories |
|
|
118 |
|
|
385 |
|
|
472 |
|
|
545 |
Total Product and Accessories |
|
|
16,112 |
|
|
11,270 |
|
|
31,832 |
|
|
16,692 |
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Parts and Services |
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7,861 |
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|
7,924 |
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|
15,799 |
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|
15,761 |
Total ASC 606 Revenue |
|
$ |
23,973 |
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$ |
19,194 |
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$ |
47,631 |
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$ |
32,453 |
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Rentals |
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4,412 |
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|
3,528 |
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|
8,625 |
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|
5,911 |
Total ASC 842 Revenue |
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|
4,412 |
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|
3,528 |
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|
8,625 |
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|
5,911 |
Total Revenue |
|
$ |
28,385 |
|
$ |
22,722 |
|
$ |
56,256 |
|
$ |
38,364 |
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| Schedule of disaggregated revenue by geography based on the primary operating location |
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Three Months Ended September 30, |
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Six Months Ended September 30, |
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2025 |
|
2024 |
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2025 |
|
2024 |
United States |
|
$ |
21,570 |
|
$ |
15,855 |
|
$ |
44,526 |
|
$ |
24,786 |
Mexico |
|
|
1,368 |
|
|
1,126 |
|
|
2,574 |
|
|
1,618 |
All other North America |
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|
6 |
|
|
107 |
|
|
125 |
|
|
137 |
Total North America |
|
|
22,944 |
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|
17,088 |
|
|
47,225 |
|
|
26,541 |
Europe |
|
|
3,864 |
|
|
1,527 |
|
|
5,880 |
|
|
4,951 |
Asia |
|
|
771 |
|
|
394 |
|
|
1,330 |
|
|
896 |
Australia |
|
|
404 |
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|
215 |
|
|
895 |
|
|
1,917 |
All other |
|
|
402 |
|
|
3,498 |
|
|
926 |
|
|
4,059 |
Total Revenue |
|
$ |
28,385 |
|
$ |
22,722 |
|
$ |
56,256 |
|
$ |
38,364 |
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| Schedule of changes in deferred revenue |
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Six Months Ended September 30, |
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2025 |
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2024 |
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Opening balance, beginning of the fiscal year |
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$ |
13,949 |
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$ |
11,858 |
Closing balance, end of the period |
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$ |
12,883 |
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$ |
9,884 |
Revenue recognized in the period from: |
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Amounts included in deferred revenue at the beginning of the period |
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$ |
9,375 |
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$ |
5,656 |
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