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Note 2 - Acquisition (Tables)

6 Months Ended

Sep. 30, 2024

Notes Tables

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

Cash payments	$30.0
Issuance of 1,297,600 shares of Company’s Common Stock	$31.4

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

Cash and cash equivalents		$	0.4
Equity-method investments			1.2
Prepaid expenses and other current assets			1.7
Accounts receivable			16.1
Inventory			23.1
Property, plant, and equipment			28.4
Accounts payable and accrued expenses			(5.6	)
Deferred revenue			(5.0	)
Deferred tax liability			(6.4	)
Net tangible assets/(liabilities)			53.9
Backlog			0.7
Customer relationships			1.3
Net identifiable intangible assets			2.0
Goodwill			5.5
Total purchase consideration		$	61.4

Business Acquisition, Pro Forma Information [Table Text Block]

		Three Months Ended September 30,								Six Months Ended September 30,
		2024				2023				2024				2023
Net Revenue		$	58,722			$	50,929			$	118,032			$	99,915
Operating income (loss)			81				(1,783	)			(4,079	)			(7,193	)
Net income (loss)		$	635			$	(311	)		$	(2,748	)		$	(633	)
Net income (loss) per common share
Basic		$	0.02			$	(0.01	)		$	(0.07	)		$	(0.02	)
Diluted		$	0.02			$	(0.01	)		$	(0.07	)		$	(0.02	)
Shares - basic			37,404				30,126				37,189				29,843
Shares - diluted			37,950				30,126				37,189				29,843

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.

+ References

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- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

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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.

+ References

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