| Schedule of Accounts Receivable |
Below is the reconciliation for allowance for credit losses on accounts receivables for the fiscal years ended March 31, 2026 and 2025 (in thousands): | | | | | | | | | | | | | Year Ended March 31, | | 2026 | | 2025 | | Balance at the beginning of the year | $ | 1,338 | | | $ | 1,420 | | | Provision for credit losses | 289 | | | 802 | | | Charge-offs, net of recoveries | (13) | | | (884) | | | Balance at March 31 | $ | 1,614 | | | $ | 1,338 | |
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| Schedule of Finite-Lived Intangible Assets |
The estimated amortizable lives of the principal intangible asset classifications are as follows: | | | | | | | Principal Intangible Asset Classification | Estimated Useful Life | | Purchased software | 3 years | | Internally developed software | 10-15 years | | In-place lease and other intangibles | Over lease term | | Trade names | 5 years | | Certification | 5 years | | Non-compete | 5 years | | License | 5 years | | Patents | 9 years | | Customer relationships | 10-15 years |
Intangible assets consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | March 31, 2026 | | Gross Carrying Amount | | Accumulated Amortization | | Net Book Value | | Purchased software | $ | 889 | | | $ | (681) | | | $ | 208 | | | Internally developed software | 5,196 | | (1,574) | | 3,622 | | | In-place lease and other intangibles | 1,094 | | (557) | | 537 | | | Customer relationships | 8,446 | | (2,707) | | 5,739 | | | Patents | 1,139 | | (1,118) | | 21 | | | Government contracts | 716 | | (195) | | 521 | | | Tradenames | 1,233 | | (46) | | 1,187 | | | Other | 1,551 | | (1,168) | | 383 | | | 20,264 | | (8,046) | | 12,218 | | | In-process software | 811 | | — | | 811 | | | Intangible assets, total | $ | 21,075 | | | $ | (8,046) | | | $ | 13,029 | |
| | | | | | | | | | | | | | | | | | | March 31, 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Net Book Value | | Purchased software | $ | 865 | | | $ | (549) | | | $ | 316 | | | Internally developed software | 3,658 | | (1,111) | | 2,547 | | | In-place lease and other intangibles | 1,094 | | (460) | | 634 | | | Customer relationships | 8,012 | | (2,007) | | 6,005 | | | Patents | 1,139 | | (1,114) | | 25 | | | Government contracts | — | | — | | — | | | Tradenames | — | | — | | — | | | Other | 1,512 | | (1,089) | | 423 | | | 16,280 | | (6,330) | | 9,950 | | | In-process software | 70 | | — | | 70 | | | Intangible assets, total | $ | 16,350 | | | $ | (6,330) | | | $ | 10,020 | |
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| Schedule of Property, Plant and Equipment |
The estimated depreciable lives of the principal property and equipment classifications are as follows: | | | | | | Principal Property and Equipment Classification | Estimated Useful Life | | Furniture, fixtures, and equipment | 3 - 10 years | | Leasehold improvements | Lease term or 10 years | Buildings | 30 years | | Aircraft, engines, and related rotable parts | 4 - 5 years |
Property and equipment consisted of the following (in thousands): | | | | | | | | | | | | | Year Ended March 31, | | 2026 | | 2025 | | Furniture, fixtures and equipment | $ | 10,983 | | | $ | 7,282 | | | Leasehold improvements | 9,011 | | | 8,393 | | | Land and buildings | 27,348 | | | 13,850 | | | Aircraft, engines, and related rotable parts | 133,253 | | | — | | | 180,595 | | | 29,525 | | | Accumulated depreciation | (18,571) | | | (9,240) | | | Property and equipment, net | $ | 162,024 | | | $ | 20,285 | |
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