Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS      
Product, accessories and parts $ 73,116 $ 104,710 $ 123,553
Service 12,095 10,751 9,552
Total revenue 85,211 115,461 133,105
Product, accessories and parts 61,866 88,531 103,434
Service 10,578 8,643 7,975
Total cost of goods sold 72,444 97,174 111,409
Gross margin 12,767 18,287 21,696
Operating expenses:      
Research and development 10,152 9,679 9,029
Selling, general and administrative 27,106 39,517 27,981
Total operating expenses 37,258 49,196 37,010
Loss from operations (24,491) (30,909) (15,314)
Other (expense) income (40) 41 (20)
Interest expense (640) (548) (712)
Change in fair value of warrant liability     10
Loss before income taxes (25,171) (31,416) (16,036)
Provision for income taxes 20 117 220
Net loss $ (25,191) $ (31,533) $ (16,256)
Net loss per common share-basic and diluted (in dollars per share) $ (1.39) $ (1.92) $ (1.06)
Weighted average shares used to calculate basic and diluted net loss per common share (in shares) 18,162 16,401 15,353