Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Revenue:        
Total revenue $ 18,030 $ 22,761 $ 61,393 $ 61,776
Cost of goods sold:        
Total cost of goods sold 15,790 17,804 55,294 51,564
Gross margin 2,240 4,957 6,099 10,212
Operating expenses:        
Research and development 891 957 2,713 3,244
Selling, general and administrative 4,574 4,057 15,535 13,815
Total operating expenses 5,465 5,014 18,248 17,059
Loss from operations (3,225) (57) (12,149) (6,847)
Other expense (23) (12) (44) (8)
Interest income       9
Interest expense (202) (170) (506) (489)
Change in warrant valuation   (84)   (741)
Loss before provision for income taxes (3,450) (323) (12,699) (8,076)
Provision for income taxes     5 7
Net loss $ (3,450) $ (323) $ (12,704) $ (8,083)
Net loss per common share-basic and diluted (in dollars per share) $ (0.05) $ (0.01) $ (0.19) $ (0.18)
Weighted average shares used to calculate basic and diluted net loss per common share (in shares) 69,542 46,760 65,469 45,465
Product, accessories and parts        
Revenue:        
Total revenue $ 13,310 $ 18,876 $ 49,022 $ 50,373
Cost of goods sold:        
Total cost of goods sold 12,534 15,471 45,109 43,059
Service        
Revenue:        
Total revenue 4,720 3,885 12,371 11,403
Cost of goods sold:        
Total cost of goods sold $ 3,256 $ 2,333 $ 10,185 $ 8,505