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, 2024
Jun. 30, 2023
Revenue, net:    
Total revenue, net $ 15,643 $ 23,903
Cost of goods sold:    
Total cost of goods sold 11,856 20,466
Gross profit 3,787 3,437
Operating expenses:    
Research and development 548 665
Selling, general and administrative 6,783 6,804
Total operating expenses 7,331 7,469
Loss from operations (3,544) (4,032)
Other income, net 591 10
Interest income 2 58
Interest expense (978) (1,697)
Loss before provision for income taxes (3,929) (5,661)
Provision for income taxes 8 18
Net loss $ (3,937) $ (5,679)
Net loss per share of common stock and non-voting common stock-basic (in dollars per share) $ (0.21) $ (0.31)
Net loss per share of common stock and non-voting common stock-diluted (in dollars per share) $ (0.21) $ (0.31)
Weighted average shares used to calculate basic net loss per share of common stock and non-voting common stock (in shares) 19,049 18,423
Weighted average shares used to calculate diluted net loss per share of common stock and non-voting common stock (in shares) 19,049 18,423
Product and accessories    
Revenue, net:    
Total revenue, net $ 5,361 $ 13,207
Cost of goods sold:    
Total cost of goods sold 5,960 14,130
Parts, service and rentals    
Revenue, net:    
Total revenue, net 10,282 10,696
Cost of goods sold:    
Total cost of goods sold $ 5,896 $ 6,336