Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Total revenue $ 20,740 $ 22,174 $ 39,984 $ 43,363
Cost of goods sold:        
Total cost of goods sold 17,659 20,137 34,038 39,504
Gross margin 3,081 2,037 5,946 3,859
Operating expenses:        
Research and development 900 891 1,838 1,822
Selling, general and administrative 5,499 5,308 11,736 10,962
Total operating expenses 6,399 6,199 13,574 12,784
Loss from operations (3,318) (4,162) (7,628) (8,925)
Other income (expense) 157 (7) 158 (21)
Interest expense (1,287) (186) (2,563) (304)
Loss before provision for income taxes (4,448) (4,355) (10,033) (9,250)
Provision for income taxes   2 8 5
Net loss (4,448) (4,357) (10,041) (9,255)
Less: Deemed dividend on purchase warrant for common shares 75   75  
Net loss attributable to common stockholders $ (4,523) $ (4,357) $ (10,116) $ (9,255)
Net loss per common share attributable to common stockholders—basic and diluted (in dollars per share) $ (0.59) $ (0.67) $ (1.36) $ (1.46)
Weighted average shares used to calculate basic and diluted net loss per common share attributable to common stockholders (in shares) 7,650 6,506 7,455 6,342
Product, accessories and parts        
Revenue:        
Total revenue $ 15,988 $ 18,627 $ 30,061 $ 35,712
Cost of goods sold:        
Total cost of goods sold 13,460 16,945 25,692 32,575
Service        
Revenue:        
Total revenue 4,752 3,547 9,923 7,651
Cost of goods sold:        
Total cost of goods sold $ 4,199 $ 3,192 $ 8,346 $ 6,929