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
Jun. 30, 2023
Jun. 30, 2022
Revenue, net:    
Total revenue, net $ 23,903 $ 18,765
Cost of goods sold:    
Total cost of goods sold 20,466 16,251
Gross profit 3,437 2,514
Operating expenses:    
Research and development 665 490
Selling, general and administrative 6,804 4,919
Total operating expenses 7,469 5,409
Loss from operations (4,032) (2,895)
Other income 10 2
Interest income 58 6
Interest expense (1,697) (1,311)
Loss before provision for income taxes (5,661) (4,198)
Provision for income taxes 18 2
Net loss (5,679) (4,200)
Net loss $ (5,679) $ (4,200)
Net loss per common share attributable to common stockholders-basic (in dollars per share) $ (0.31) $ (0.27)
Net loss per common share attributable to common stockholders-diluted (in dollars per share) $ (0.31) $ (0.27)
Weighted average shares used to calculate basic net loss per common share attributable to common stockholders (in shares) 18,423 15,318
Weighted average shares used to calculate diluted net loss per common share attributable to common stockholders (in shares) 18,423 15,318
Product and accessories    
Revenue, net:    
Total revenue, net $ 13,207 $ 9,798
Cost of goods sold:    
Total cost of goods sold 14,130 9,774
Parts, service and rentals    
Revenue, net:    
Total revenue, net 10,696 8,967
Cost of goods sold:    
Total cost of goods sold $ 6,336 $ 6,477