Annual report pursuant to Section 13 and 15(d)

Product Warranty Liability

v3.22.1
Product Warranty Liability
 12 Months Ended
Mar. 31, 2022
Guarantees [Abstract]  
Product Warranty Liability

Note 6 – Product Warranty Liability:

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

 

 

 

Year ended March 31,

 

 

 

2022

 

 

2021

 

Balance at beginning of year

 

$

626

 

 

$

359

 

BN warranty accrual acquired

 

 

169

 

 

 

—

 

Expense for product warranties

 

 

386

 

 

 

344

 

Product warranty claims paid

 

 

(740

)

 

 

(77

)

Balance at end of year

 

$

441

 

 

$

626

 

 

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