Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue $ 32,248 $ 35,291 $ 55,508 $ 59,664
Cost of goods sold 27,005 30,399 46,849 51,449
Gross margin 5,243 4,892 8,659 8,215
Operating expenses:        
Research and development 2,055 1,956 4,382 4,291
Selling, general and administrative 9,543 6,641 17,307 14,209
Total operating expenses 11,598 8,597 21,689 18,500
Loss from operations (6,355) (3,705) (13,030) (10,285)
Other (expense) income (16) (6) 81 (20)
Interest expense (144) (176) (287) (362)
Change in fair value of warrant liability   10   10
Loss before income taxes (6,515) (3,877) (13,236) (10,657)
Provision for income taxes 14 11 64 29
Net loss $ (6,529) $ (3,888) $ (13,300) $ (10,686)
Net loss per common share-basic and diluted (in dollars per share) $ (0.02) $ (0.01) $ (0.04) $ (0.04)
Weighted average shares used to calculate basic and diluted net loss per common share (in shares) 329,865 304,990 325,942 304,856