Annual report pursuant to Section 13 and 15(d)

Inventories (Tables)

Inventories (Tables)

12 Months Ended

Mar. 31, 2020

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 as of March 31, 2020 and 2019 (in thousands):


	March 31,		March 31,
	2020		2019
Raw materials	$	20,672	$	24,426
Work in process		3		—
Finished goods		4,820		1,207
Total		25,495		25,633
Less inventory reserve		(2,814)		(3,887)
Less non-current portion		(1,221)		(1,403)
Current portion	$	21,460	$	20,343

Schedule of expected usage for non-current inventory

The Company expects to use the non‑current portion of the inventories on hand as of March 31, 2020 over the periods presented in the following table (in thousands):


		Non-current Inventory
		Balance Expected
Expected Period of Use		to be Used
13 to 24 months	$	687
25 to 36 months		534
Total	$	1,221