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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Revenues [1] $ 26,682 $ 23,671 $ 76,689 $ 69,298
Cost of revenues 11,048 10,990 31,387 30,713
Gross profit 15,634 12,681 45,302 38,585
Operating expenses:        
Selling 2,054 1,942 5,748 6,909
General and administrative 7,731 6,256 22,824 19,525
Research and development 860 752 2,539 2,790
Impairment loss on goodwill and long-lived assets 3,669 13,819 3,669 13,819 [2]
Estimated legal settlement 3,300
Total operating expenses 14,314 22,769 38,080 43,043
Operating income (loss) 1,320 (10,088) 7,222 (4,458)
Other expense, net 372 438 568 1,659
Earnings (loss) before income taxes 948 (10,526) 6,654 (6,117)
Income tax expense 90 560 572 1,099
Net income (loss) $ 858 $ (11,086) $ 6,082 $ (7,216) [2]
Earnings (loss) per share:        
Basic (in dollars per share) $ 0.22 $ (2.93) $ 1.58 $ (1.92)
Diluted (in dollars per share) $ 0.21 $ (2.93) $ 1.51 $ (1.92)
Weighted-average common shares outstanding:        
Basic (in shares) 3,855 3,781 3,840 3,765
Diluted (in shares) 4,045 3,781 4,037 3,765
[1] Intersegment revenues are not significant and are eliminated to arrive at consolidated totals.
[2] -Contingent consideration is classified as a financing activity pursuant to ASU 2016-15.