XML 44 R31.htm IDEA: XBRL DOCUMENT v3.22.1
Note 3 - Acquisitions (Tables)
12 Months Ended
Mar. 31, 2022
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Cash payment

 $4.4 

Issuance of 301,556 shares of Company's common stock

  4.4 

Debt payment to third party lenders on behalf of sellers

  7.6 

Total consideration

 $16.4 

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]

Cash and short-term investments

 $0.5 

Net working capital (excluding inventory and deferred revenue)

  (0.9)

Inventory

  9.0 

Property, plant and equipment

  6.5 

Deferred revenue

  (10.0)

Deferred tax liability

  (2.3)

Net tangible assets/(liabilities)

  2.8 
     

Backlog

  0.1 

Trade names and trademarks

  1.2 

Customer relationships

  3.5 

Net identifiable intangible assets/(liabilities)

  4.8 
     

Goodwill

  8.8 
     

Total purchase consideration

 $16.4 

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,

 
  

2022

  

2021

 

Revenues

 $111,265  $113,778 

Operating loss

  (20,475)  (31,115)

Net loss

 $(21,218) $(27,118)
         

Net loss per common share

        

Basic

 $(0.78) $(1.10)

Diluted

 $(0.78) $(1.10)

Shares - basic

  27,234   24,621 

Shares - diluted

  27,234   24,621