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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Revenues [1] $ 29,941 $ 26,288
Cost of revenues 9,973 10,149
Gross profit 19,968 16,139
Operating expenses:    
Selling 4,075 2,208
General and administrative 10,099 7,520
Research and development 2,596 1,019
Total operating expenses 16,770 10,747
Operating income 3,198 5,392
Nonoperating expense:    
Interest expense and amortization of debt discount 1,919 395
Other expense (income), net 897 (363)
Total nonoperating expense 2,816 32
Earnings before income taxes 382 5,360
Income tax (benefit) expense (643) 763
Net income $ 1,025 $ 4,597
Earnings per share:    
Basic (in dollars per share) $ 0.23 $ 1.18
Diluted (in dollars per share) $ 0.22 $ 1.13
Weighted-average common shares outstanding:    
Basic (in shares) 4,528 3,901
Diluted (in shares) 4,669 4,086
[1] Intersegment revenues are not significant and are eliminated to arrive at consolidated totals.