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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 39,353 $ 23,881 $ 103,611 $ 74,241
Cost of revenues 29,369 23,364 78,759 69,533
Gross margin 9,984 517 24,852 4,708
Operating expenses:        
Research and development 2,199 2,083 5,693 7,076
Selling, general and administrative 7,833 7,173 23,648 22,084
Amortization of acquisition-related intangibles 538 690 1,614 2,058
Change in fair value of contingent consideration 852 (220) 3,052 (340)
Restructuring 0 0 (14) 0
Total operating expenses 11,422 9,726 33,993 30,878
Operating loss (1,438) (9,209) (9,141) (26,170)
Interest income, net 150 42 518 112
China dissolution 0 0 0 (1,921)
Other expense, net (298) (287) (618) (48)
Loss before income tax expense (1,586) (9,454) (9,241) (28,027)
Income tax expense 63 127 291 144
Net loss $ (1,649) $ (9,581) $ (9,532) $ (28,171)
Net loss per common share        
Basic (in dollars per share) $ (0.06) $ (0.34) $ (0.33) $ (1.01)
Diluted (in dollars per share) $ (0.06) $ (0.34) $ (0.33) $ (1.01)
Weighted average number of common shares outstanding        
Basic (in shares) 29,092 27,954 28,728 27,794
Diluted (in shares) 29,092 27,954 28,728 27,794