v3.25.2
ACCOUNTS RECEIVABLE
3 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 4 — ACCOUNTS RECEIVABLE

As of June 30, 2025 and March 31, 2025, Orion's accounts receivable and allowance for credit losses balances were as follows (dollars in thousands):

 

 

 

June 30,
2025

 

 

March 31,
2025

 

Accounts receivable, gross

 

$

13,601

 

 

$

12,909

 

Allowance for credit losses

 

 

(74

)

 

 

(64

)

Accounts receivable, net

 

$

13,527

 

 

$

12,845

 

 

Changes in Orion’s allowance for credit losses were as follows (dollars in thousands):

 

 

For the Three Months Ended
June 30,

 

 

 

2025

 

 

2024

 

Beginning of period

 

$

(64

)

 

$

(72

)

Credit loss expense

 

 

(10

)

 

 

(40

)

Write-off

 

 

 

 

 

5

 

End of period

 

$

(74

)

 

$

(107

)