v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (7,030) $ (10,039)
Adjustments to reconcile net loss to cash (used in) provided by operating activities:    
Depreciation & amortization 2,520 2,879
Impairment of assets 0 799
Non-cash lease expense 1,027 957
Amortization of deferred financing fees and debt discount 114 101
Stock-based compensation expense 3,594 2,941
Provision for inventory obsolescence 285 1,229
Change in fair value of warrant liabilities and derivatives (782) 391
Changes in operating assets and liabilities:    
Accounts receivable 2,033 637
Inventory (10,283) 2,521
Prepaid expenses and other current assets (417) (999)
Other noncurrent assets (356) 343
Accounts payable and accrued expenses 5,837 2,396
Deferred revenue (356) 542
Operating lease liabilities (1,403) (1,281)
Other liabilities (223) (1,625)
Net cash (used in) provided by operating activities (5,440) 1,792
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (708) (2,043)
Net cash used in investing activities (708) (2,043)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of finance lease obligations (59) (54)
Proceeds from the exercise of stock options 20 145
Proceeds from issuance of common stock under ESPP 197 193
Tax payments related to the issuance of common stock (497) (255)
Excise tax from stock repurchases (21) (43)
Payments to repurchase common stock (1,770) (4,286)
Net cash used in financing activities (2,130) (4,300)
Effect of exchange rate changes on cash (50) 21
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (8,328) (4,530)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—BEGINNING OF PERIOD 97,531 130,704
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD 89,203 126,174
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Cash and cash equivalents 84,665 117,795
Restricted cash - prepaid expenses and other current assets, other noncurrent assets 4,538 8,379
Total cash, cash equivalents and restricted cash 89,203 126,174
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Purchases of property and equipment included in accounts payable and accrued liabilities 1,749 0
Cash paid for interest $ 5 $ 50