Annual report [Section 13 and 15(d), not S-K Item 405]

Product Warranty Liability

v3.25.1
Product Warranty Liability
12 Months Ended
Mar. 31, 2025
Guarantees [Abstract]  
Product Warranty Liability

Note 7 – Product Warranty Liability:

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

 

 

 

Year ended March 31,

 

 

 

2025

 

 

2024

 

Balance at beginning of year

 

$

806

 

 

$

578

 

Expense for product warranties

 

 

326

 

 

 

410

 

Product warranty claims paid

 

 

(346

)

 

 

(182

)

Balance at end of year

 

$

786

 

 

$

806

 

 

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