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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues [1] $ 57,833 $ 53,165 $ 116,003 $ 103,810
Cost of revenues 22,378 21,056 43,299 40,518
Gross profit 35,455 32,109 72,704 63,292
Selling 9,849 9,650 19,965 18,626
Research and development 4,634 4,993 9,369 9,804
Total operating expense 31,947 32,169 63,616 64,016
Operating income (loss) 3,508 (60) 9,088 (724)
Interest expense and amortization of debt issuance costs 3,018 905 5,860 1,953
Gain on extinguishment of convertible notes 0 0 (3,197) 0
Other (income) expense, net (3,322) 360 (1,292) (415)
Total nonoperating (income) expense, net (304) 1,265 1,371 1,538
Earnings (loss) before income taxes 3,812 (1,325) 7,717 (2,262)
Income tax expense (benefit) 384 (95) 901 (483)
Net income (loss) $ 3,428 $ (1,230) $ 6,816 $ (1,779)
Basic earnings (loss) per share (in dollars per share) $ 0.63 $ (0.23) $ 1.26 $ (0.33)
Diluted earnings (loss) per share (in dollars per share) $ 0.63 $ (0.23) $ 1.25 $ (0.33)
Basic (in shares) 5,413 5,387 5,405 5,379
Diluted (in shares) 5,471 5,387 5,448 5,379
Product [Member]        
Revenues $ 57,833 $ 53,165 $ 116,003 $ 103,810
Service [Member]        
General and administrative $ 17,464 $ 17,526 $ 34,282 $ 35,586
[1] Intersegment revenues are not significant and are eliminated to arrive at consolidated totals.