Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue, net:    
Revenue, net $ 85,564 $ 91,219
Cost of goods sold:    
Total cost of goods sold 62,266 76,935
Gross profit 23,298 14,284
Operating expenses:    
Research and development 2,667 2,463
Selling, general and administrative 26,205 32,175
Total operating expenses 28,872 34,638
Loss from operations (5,574) (20,354)
Other income 2,317 674
Interest income 186 110
Reorganization items, net   32,505
Interest expense (3,944) (5,529)
Income (loss) before provision for income taxes (7,015) 7,406
Provision for income taxes 175 14
Net income (loss) $ (7,190) $ 7,392
Net income (loss) per share of common stock and non-voting common stock-basic (in dollars per share) $ (0.38) $ 0.39
Net income (loss) per share of common stock and non-voting common stock-diluted (in dollars per share) $ (0.38) $ 0.39
Weighted average shares used to calculate basic net income (loss) per common stock and non-voting common stock (in shares) 19,056 18,753
Weighted average shares used to calculate diluted net income (loss) per common stock and non-voting common stock (in shares) 19,056 18,753
Product and Accessories    
Revenue, net:    
Revenue, net $ 40,219 $ 49,107
Cost of goods sold:    
Total cost of goods sold 39,200 51,259
Parts and Service    
Revenue, net:    
Revenue, net 30,939 30,681
Cost of goods sold:    
Total cost of goods sold 13,660 16,460
Rentals    
Revenue, net:    
Revenue, net 14,406 11,431
Cost of goods sold:    
Total cost of goods sold $ 9,406 $ 9,216