Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
Product, accessories and parts $ 66,754 $ 63,325
Service 16,083 13,844
Total revenue 82,837 77,169
Cost of goods sold:    
Product, accessories and parts 56,590 64,453
Service 11,266 10,927
Total cost of goods sold 67,856 75,380
Gross margin 14,981 1,789
Operating expenses:    
Research and development 4,040 5,388
Selling, general and administrative 19,609 20,651
Total operating expenses 23,649 26,039
Loss from operations (8,668) (24,250)
Other expense (2) (49)
Interest income 9 31
Interest expense (606) (536)
Change in warrant valuation (741) (421)
Loss before provision for income taxes (10,008) (25,225)
Provision for income taxes 18 19
Net loss $ (10,026) $ (25,244)
Net loss per common share-basic and diluted (in dollars per share) $ (0.20) $ (0.79)
Weighted average shares used to calculate basic and diluted net loss per common share (in shares) 51,339 32,074