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Net (Loss) Income per Share (Tables)
9 Months Ended
Dec. 31, 2023
Net (Loss) Income per Share [Abstract]  
Reconciliation of Basic and Diluted Net (Loss) Income Per Share
The following presents a reconciliation of basic and diluted net (loss) income per share:

    Three Months Ended     Nine Months Ended
 
 
December 31,
   
December 31,
 
 
 
2023
   
2022
   
2023
   
2022
 
Net (loss) income
 
$
(47,214,000
)
 
$
1,026,000
 
$
(50,582,000
)
 
$
(5,666,000
)
Basic shares
   
19,634,306
     
19,474,871
     
19,580,960
     
19,383,531
 
Effect of potentially dilutive securities
   
-
     
159,282
     
-
     
-
 
Diluted shares
   
19,634,306
     
19,634,153
     
19,580,960
     
19,383,531
 
Net (loss) income per share:
                               
Basic net (loss) income per share
 
$
(2.40
)
 
$
0.05
 
$
(2.58
)
 
$
(0.29
)
Diluted net (loss) income per share
 
$
(2.40
)
 
$
0.05
 
$
(2.58
)
 
$
(0.29
)