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3. NET LOSS PER COMMON SHARE (Tables)
9 Months Ended
Dec. 31, 2020
NET LOSS PER COMMON SHARE  
Basic and diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended December 31,

 

Nine Months Ended December 31,

 

 

 

2020

 

2019

 

2020

 

2019

 

 

 

(In thousands, except per share amounts)

 

Net loss

   

$

(5,216)

    

$

(4,620)

    

$

(16,523)

    

$

(6,513)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares—Basic

 

 

23,716

 

 

23,096

 

 

23,592

 

 

22,894

 

Dilutive effect of employee stock options

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Dilutive effect of employee stock purchase plan options

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Weighted average shares—Dilutive

 

 

23,716

 

 

23,096

 

 

23,592

 

 

22,894

 

Net loss per common share—Basic

 

$

(0.22)

 

$

(0.20)

 

$

(0.70)

 

$

(0.28)

 

Net loss per common share—Diluted

 

$

(0.22)

 

$

(0.20)

 

$

(0.70)

 

$

(0.28)

 

 

Anti-dilutive shares

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended December 31,

 

Nine Months Ended December 31,

 

 

 

2020

 

2019

 

2020

 

2019

    

 

 

(In thousands)

 

Shares underlying options and ESPP shares

   

5,181

 

4,048

 

4,856

 

3,762