Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.19.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Revenue:    
Total revenue $ 19,244 $ 21,189
Cost of goods sold:    
Total cost of goods sold 16,379 19,367
Gross margin 2,865 1,822
Operating expenses:    
Research and development 938 932
Selling, general and administrative 6,237 5,651
Total operating expenses 7,175 6,583
Loss from operations (4,310) (4,761)
Other income (expense) 1 (14)
Interest expense (1,276) (118)
Loss before provision for income taxes (5,585) (4,893)
Provision for income taxes 8 4
Net loss $ (5,593) $ (4,897)
Net loss per common share-basic and diluted (in dollars per share) $ (0.08) $ (0.08)
Weighted average shares used to calculate basic and diluted net loss per common share (in shares) 72,578 61,762
Product, accessories and parts    
Revenue:    
Total revenue $ 14,073 $ 17,085
Cost of goods sold:    
Total cost of goods sold 12,232 15,630
Service    
Revenue:    
Total revenue 5,171 4,104
Cost of goods sold:    
Total cost of goods sold $ 4,147 $ 3,737