Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Revenue:        
Total revenue $ 20,609 $ 20,676 $ 53,887 $ 49,774
Cost of goods sold:        
Total cost of goods sold 18,392 17,204 46,312 40,367
Gross margin 2,217 3,472 7,575 9,407
Operating expenses:        
Research and development 767 735 2,637 1,703
Selling, general and administrative 5,293 4,816 17,055 13,234
Total operating expenses 6,060 5,551 19,692 14,937
Loss from operations (3,843) (2,079) (12,117) (5,530)
Other income (expense) (21) (11) 639 4
Interest income 5 7 16 23
Interest expense (1,287) (1,230) (3,800) (3,835)
Gain (loss) on debt extinguishment   (4,282) 1,950 (4,282)
Loss before provision for income taxes (5,146) (7,595) (13,312) (13,620)
Provision for income taxes     10 10
Net loss (5,146) (7,595) (13,322) (13,630)
Less: Deemed dividend on purchase warrant for common shares       15
Net loss attributable to common stockholders $ (5,146) $ (7,595) $ (13,322) $ (13,645)
Net loss per common share attributable to common stockholders-basic (in dollars per share) $ (0.34) $ (0.69) $ (0.92) $ (1.25)
Net loss per common share attributable to common stockholders-diluted (in dollars per share) $ (0.34) $ (0.69) $ (0.92) $ (1.25)
Weighted average shares used to calculate basic net loss per common share attributable to common stockholders (in shares) 15,236 11,081 14,548 10,935
Weighted average shares used to calculate diluted net loss per common share attributable to common stockholders (in shares) 15,236 11,081 14,548 10,935
Product and accessories        
Revenue:        
Total revenue $ 12,329 $ 12,760 $ 29,183 $ 26,572
Cost of goods sold:        
Total cost of goods sold 12,689 12,324 30,479 26,471
Parts and service        
Revenue:        
Total revenue 8,280 7,916 24,704 23,202
Cost of goods sold:        
Total cost of goods sold $ 5,703 $ 4,880 $ 15,833 $ 13,896