Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2024

Schedule of Sales Discounts and Returns Allowance

Activity in our sales discounts and returns allowance was as follows (in thousands):


	Year Ended March 31,
	2024		2023
Balance at beginning of period	$	8,695	$	12,179
Charges to reserve	14,717		29,871
Reductions for sales discounts and returns	(20,306)		(33,355)

Balance at end of period	$	3,106	$	8,695

Reorganization, Chapter 11

The following table sets forth, as of March 31, 2024, information about the amounts presented as Liabilities subject to compromise in our Consolidated Balance Sheets (in thousands):


	Year Ended March 31, 2024
Accounts Payable	$	48,682
Accrued Expenses	5,164
Total	$	53,846

Additionally, certain expenses resulting from and recognized during our bankruptcy proceedings are now being recorded in Reorganization items, net in our Consolidated Statements of Operations. The following table sets forth, for the year ended March 31, 2024, information about the amounts presented as Reorganization items, net in our Consolidated Statements of Operations (in thousands):


	Year Ended March 31, 2024
Professional Fees	$	1,439
Debt Financing Fees	458
Total	$	1,897

BOWFLEX INC. 10-K