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Note 3 - NEPSI Acquisition (Tables)

12 Months Ended

Mar. 31, 2021

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Cash payment		$	26.0
Issuance of 873,657 shares of Company's common stock			12.4
Contingent consideration			4.0
Total consideration			42.4

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Net working capital (excluding inventory and deferred revenue)		$	0.1
Inventory			4.2
Property, plant and equipment			2.3
Deferred revenue			(2.7	)
Deferred tax liability			(1.7	)
Net tangible assets/(liabilities)			2.2
Backlog			0.6
Trade names and trademarks			0.6
Customer relationships			6.1
Net identifiable intangible assets/(liabilities)			7.3
Goodwill			32.9
Total purchase consideration		$	42.4

Business Acquisition, Pro Forma Information [Table Text Block]

		Twelve Months Ended March 31,
		2021				2020
Revenues		$	99,462			$	88,578
Operating loss			(22,158	)			(20,781	)
Net loss		$	(23,050	)		$	(12,922	)
Net loss per common share
Basic		$	(0.97	)		$	(0.59	)
Diluted		$	(0.97	)		$	(0.59	)
Shares - basic			23,879				21,859
Shares - diluted			23,879				21,943

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

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Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

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