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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues [1] $ 31,860 $ 25,536 $ 61,801 $ 51,824
Cost of revenues 10,575 9,950 20,176 20,034
Gross profit 21,285 15,586 41,625 31,790
Operating expenses:        
Selling 3,786 2,274 7,861 4,482
General and administrative 10,615 7,703 20,714 15,223
Research and development 2,414 915 5,010 1,934
Total operating expenses 16,815 10,892 33,585 21,639
Operating income 4,470 4,694 8,040 10,151
Nonoperating expense:        
Interest expense and amortization of debt discount 1,934 1,397 3,853 1,593
Other expense (income), net 152 (477) 1,049 (641)
Total nonoperating expense 2,086 920 4,902 952
Earnings before income taxes 2,384 3,774 3,138 9,199
Income tax (benefit) expense (295) 602 (758) 1,365
Net income $ 2,679 $ 3,172 $ 3,896 $ 7,834
Earnings per share:        
Basic (in dollars per share) $ 0.52 $ 0.76 $ 0.81 $ 1.94
Diluted (in dollars per share) $ 0.51 $ 0.73 $ 0.79 $ 1.86
Weighted-average common shares outstanding:        
Basic (in shares) 5,110 4,155 4,821 4,029
Diluted (in shares) 5,241 4,321 4,958 4,205
[1] Intersegment revenues are not significant and are eliminated to arrive at consolidated totals.