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 9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Revenue:        
Total revenue $ 17,383 $ 18,030 $ 57,366 $ 61,393
Cost of goods sold:        
Total cost of goods sold 14,755 15,790 48,792 55,294
Gross margin 2,628 2,240 8,574 6,099
Operating expenses:        
Research and development 972 891 2,811 2,713
Selling, general and administrative 5,280 4,574 17,015 15,535
Total operating expenses 6,252 5,465 19,826 18,248
Loss from operations (3,624) (3,225) (11,252) (12,149)
Other income (expense) 6 (23) 165 (44)
Interest expense (1,289) (202) (3,853) (506)
Loss before provision for income taxes (4,907) (3,450) (14,940) (12,699)
Provision for income taxes     8 5
Net loss (4,907) (3,450) (14,948) (12,704)
Less: Deemed dividend on purchase warrant for common shares     75  
Net loss attributable to common stockholders $ (4,907) $ (3,450) $ (15,023) $ (12,704)
Net loss per common share attributable to common stockholders—basic and diluted (in dollars per share) $ (0.59) $ (0.50) $ (1.94) $ (1.94)
Weighted average shares used to calculate basic and diluted net loss per common share attributable to common stockholders (in shares) 8,367 6,955 7,730 6,547
Product, accessories and parts        
Revenue:        
Total revenue $ 12,010 $ 13,310 $ 42,070 $ 49,022
Cost of goods sold:        
Total cost of goods sold 10,815 12,534 36,506 45,109
Service        
Revenue:        
Total revenue 5,373 4,720 15,296 12,371
Cost of goods sold:        
Total cost of goods sold $ 3,940 $ 3,256 $ 12,286 $ 10,185