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Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Mar. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data

The following quarterly financial data, in the opinion of management, fairly presents the results for the periods presented (in thousands, except per share data):

 

 

 

Year Ended March 31, 2017

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue

 

$

891

 

 

$

1,376

 

 

$

1,151

 

 

$

812

 

Net loss

 

 

(8,767

)

 

 

(9,442

)

 

 

(9,581

)

 

 

(10,657

)

Net loss per common share - basic and diluted

 

 

(0.09

)

 

 

(0.10

)

 

 

(0.09

)

 

 

(0.10

)

Weighted average shares used in computing net

   loss per common share—basic and diluted

 

 

92,391,964

 

 

 

93,185,400

 

 

 

101,174,734

 

 

 

104,385,617

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended March 31, 2016

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue

 

$

306

 

 

$

301

 

 

$

328

 

 

$

548

 

Net loss

 

 

(8,491

)

 

 

(11,257

)

 

 

(10,455

)

 

 

(8,372

)

Net loss per common share - basic and diluted

 

 

(0.10

)

 

 

(0.12

)

 

 

(0.11

)

 

 

(0.09

)

Weighted average shares used in computing net

   loss per common share—basic and diluted

 

 

82,993,966

 

 

 

92,385,150

 

 

 

92,396,358

 

 

 

92,402,668