As part of Orion's restructuring effort, a further reduction in workforce was completed in the fourth quarter of fiscal 2025. Total severance expense for fiscal 2025 was $595 thousand. In addition, an inventory write-off of approximately $197 thousand was recognized in the first quarter of fiscal 2025 for inventory related to a customer Orion no longer does business with due to the restructuring, along with a lease breakage fee of $125 thousand that occurred in the second quarter of fiscal 2025 due to the closing of the Pewaukee office. Orion's restructuring expense and other related costs for the 12 months ended March 31 2026, 2025 and 2024 are reflected within its consolidated statement of operations as follows (dollars in thousands):


	Fiscal Year Ended March 31,
	2026		2025		2024
Cost of product revenue	$	—	$	295	$	26
Cost of service revenue		—		176		48
General and administrative		—		442		28
Sales and marketing		—		26		21
Research and development		—		109		—
	$	—	$	1,048		123

Total restructuring expense and other related costs by segment was recorded as follows (dollars in thousands):


	Fiscal Year Ended March 31,
	2026		2025		2024
Segments:
Lighting	$	—	$	246	$	52
Maintenance		—		720		48
EV		—		14		—
Corporate and Other		—		68		23
	$	—	$	1,048	$	123