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Net Income (Loss) Per Share of Common Stock
9 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share of Common Stock Net Income (Loss) Per Share of Common Stock
Basic net income (loss) per common share is calculated by dividing the net income (loss) attributable to common stockholders by the weighted-average number of common shares outstanding during the period, without consideration for potentially dilutive securities. For purposes of the diluted net income (loss) per share calculation, stock options and restricted stock units and awards are considered to be potentially dilutive securities. Diluted earnings per share is computed using the treasury stock method.
The following table reconciles net income (loss) and weighted-average common shares used to compute basic and diluted net income (loss) per share:
 Three months ended December 31,Nine months ended December 31,
 2024202320242023
Net income (loss):$7,710$328$(20,580)$283
Weighted-average common shares:
Basic weighted-average shares18,609,73618,704,40018,557,45318,858,472
Add: dilutive effect of stock options and restricted stock units173,709211,846224,395
Diluted weighted-average common shares18,783,44518,916,24618,557,45319,082,867
For the three months ended December 31, 2024, there were 1,628,191 stock options and restricted stock units outstanding, excluded from the calculation of diluted weighted-average shares because the effect was anti-dilutive. For the nine months ended December 31, 2024, there were 248,383 potentially dilutive stock options and restricted stock units outstanding, excluded from the calculation of diluted weighted-average shares because the Company reported a net loss. For the three and nine months ended December 31, 2023, there were 1,129,994 and 1,048,902 stock options and restricted stock units outstanding, excluded from the calculation of diluted weighted-average shares because the effect was anti-dilutive.