XML 13 R3.htm IDEA: XBRL DOCUMENT v3.23.3
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 34,004 $ 27,680 $ 64,258 $ 50,360
Cost of revenues 25,418 25,710 49,390 46,169
Gross margin 8,586 1,970 14,868 4,191
Operating expenses:        
Research and development 1,641 2,314 3,493 4,992
Selling, general and administrative 7,946 7,350 15,815 14,911
Amortization of acquisition-related intangibles 538 688 1,076 1,369
Change in fair value of contingent consideration 850 (290) 2,200 (120)
Restructuring (20) 0 (14) 0
Total operating expenses 10,955 10,062 22,570 21,152
Operating loss (2,369) (8,092) (7,702) (16,961)
Interest income, net 194 45 368 70
China dissolution 0 (1,921) 0 (1,921)
Other income (expense), net (204) 73 (321) 240
Loss before income tax expense (benefit) (2,379) (9,895) (7,655) (18,572)
Income tax expense (benefit) 106 (14) 228 18
Net loss $ (2,485) $ (9,881) $ (7,883) $ (18,590)
Net loss per common share        
Basic (in dollars per share) $ (0.09) $ (0.35) $ (0.28) $ (0.67)
Diluted (in dollars per share) $ (0.09) $ (0.35) $ (0.28) $ (0.67)
Weighted average number of common shares outstanding        
Basic (in shares) 28,828 27,867 28,545 27,714
Diluted (in shares) 28,828 27,867 28,545 27,714