ACCRUED EXPENSES AND OTHER

3 Months Ended

Jun. 30, 2026

Other Liabilities Disclosure [Abstract]

NOTE 10 — ACCRUED EXPENSES AND OTHER

As of June 30, 2026, and March 31, 2026, accrued expenses and other included the following (dollars in thousands):


	June 30, 2026		March 31, 2026
Other accruals	$	1,598	$	1,857
Compensation and benefits		2,751		3,620
Credits due to customers		1,216		1,193
Accrued project costs		3,482		2,979
Warranty		348		361
Sales returns reserve		63		322
Sales tax		151		294
Legal and professional fees		83		102
Total	$	9,692	$	10,728

Orion generally offers a limited warranty of one to ten years on its lighting products, including the pass-through of standard warranties offered by major original equipment component manufacturers. The manufacturers’ warranties cover lamps, power supplies, LED modules, chips and drivers, control devices, and other fixture related items, which are significant components in Orion's lighting products.

Changes in Orion’s warranty accrual (both current and long-term) were as follows (dollars in thousands):


	For the Three Months Ended June 30,
	2026			2025
Beginning of period	$	529		$	639
Accruals		80			69
Warranty claims (net of vendor reimbursements)		(92	)		(71	)
End of period	$	517		$	637