Quarterly report pursuant to Section 13 or 15(d)

Product Warranty Liability

v3.24.0.1
Product Warranty Liability
 9 Months Ended
Dec. 31, 2023
Guarantees [Abstract]  
Product Warranty Liability

NOTE 8 – PRODUCT WARRANTY LIABILITY:

The reconciliation of the changes in the product warranty liability is as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Balance at beginning of period

 

$

638

 

 

$

487

 

 

$

578

 

 

$

441

 

Expense for product warranties

 

 

63

 

 

 

238

 

 

 

266

 

 

 

326

 

Product warranty claims paid

 

 

(7

)

 

 

(4

)

 

 

(150

)

 

 

(46

)

Balance at end of period

 

$

694

 

 

$

721

 

 

$

694

 

 

$

721

 

 

 

The product warranty liability is included in the line item "Accrued expenses and other current liabilities" in the Condensed Consolidated Balance Sheets.