v3.25.2
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 12 Months Ended
Mar. 31, 2025
Payables and Accruals [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
Accrued expenses and other current liabilities consist of the following (in thousands):

March 31,
20242025
Accrued warranty$1,138 $1,479 
Accrued compensation8,956 27,825 
Government authorities3,062 6,982 
Other current liabilities827 9,041 
$13,983 $45,327 

The following table summarizes warranty activity for the periods ended March 31, 2024 and 2025 (in thousands):

Accrued warranty reserve, December 31, 2023
$2,653 
Accrual for product warranties issued
441 
Product replacements and other warranty expenditures(165)
Expiration of warranties (over warranty accrual)
(3)
Foreign currency translation difference— 
Accrued warranty reserve, March 31, 2024 (1)
$2,926 
Accrual for product warranties issued365 
Product replacements and other warranty expenditures(510)
Expiration of warranties (over warranty accrual)
(109)
Acquired through MiX Combination and FC Acquisition
954 
Foreign currency translation difference(8)
Accrued warranty reserve, March 31, 2025 (1)
$3,618 
(1) Includes non-current accrued warranty included in other long-term liabilities at March 31, 2024 and 2025 of $1,788 and $2,139, respectively.