Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Revenue:    
Product, accessories and parts $ 15,491 $ 15,783
Service 3,749 3,282
Total revenue 19,240 19,065
Cost of goods sold:    
Product, accessories and parts 14,037 13,637
Service 2,964 2,429
Total cost of goods sold 17,001 16,066
Gross margin 2,239 2,999
Operating expenses:    
Research and development 1,149 1,621
Selling, general and administrative 4,960 5,746
Total operating expenses 6,109 7,367
Loss from operations (3,870) (4,368)
Other expense (10) (16)
Interest income 9 5
Interest expense (221) (134)
Loss before income taxes (4,092) (4,513)
Provision for income taxes   3
Net loss $ (4,092) $ (4,516)
Net loss per common share-basic and diluted (in dollars per share) $ (0.10) $ (0.17)
Weighted average shares used to calculate basic and diluted net loss per common share (in shares) 41,081 27,171