Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.19.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Total revenue $ 83,412 $ 82,837
Cost of goods sold:    
Total cost of goods sold 73,960 67,856
Gross margin 9,452 14,981
Operating expenses:    
Research and development 3,600 4,040
Selling, general and administrative 20,958 19,609
Total operating expenses 24,558 23,649
Loss from operations (15,106) (8,668)
Other income (expense) (43) (2)
Interest income   9
Interest expense (1,502) (606)
Change in warrant valuation   (741)
Loss before provision for income taxes (16,651) (10,008)
Provision for income taxes 8 18
Net loss $ (16,659) $ (10,026)
Net loss per common share-basic and diluted (in dollars per share) $ (0.25) $ (0.20)
Weighted average shares used to calculate basic and diluted net loss per common share (in shares) 66,994 51,339
Product, accessories and parts    
Revenue:    
Total revenue $ 66,303 $ 66,754
Cost of goods sold:    
Total cost of goods sold 60,149 56,590
Service    
Revenue:    
Total revenue 17,109 16,083
Cost of goods sold:    
Total cost of goods sold $ 13,811 $ 11,266