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, 2022
Jun. 30, 2021
Revenue:    
Total revenue $ 18,652 $ 16,082
Cost of goods sold:    
Total cost of goods sold 13,946 13,434
Gross margin 4,706 2,648
Operating expenses:    
Research and development 490 883
Selling, general and administrative 4,919 5,324
Total operating expenses 5,409 6,207
Loss from operations (703) (3,559)
Other income 2 665
Interest income 6 5
Interest expense (1,362) (1,235)
Gain (loss) on debt extinguishment   1,950
Loss before provision for income taxes (2,057) (2,174)
Provision for income taxes 2 8
Net loss $ (2,059) $ (2,182)
Net loss per common share attributable to common stockholders-basic (in dollars per share) $ (0.13) $ (0.16)
Net loss per common share attributable to common stockholders-diluted (in dollars per share) $ (0.13) $ (0.16)
Weighted average shares used to calculate basic net loss per common share attributable to common stockholders (in shares) 15,318 13,226
Weighted average shares used to calculate diluted net loss per common share attributable to common stockholders (in shares) 15,318 13,226
Product and accessories    
Revenue:    
Total revenue $ 9,167 $ 8,389
Cost of goods sold:    
Total cost of goods sold 8,891 8,992
Parts, service and rentals    
Revenue:    
Total revenue 9,485 7,693
Cost of goods sold:    
Total cost of goods sold $ 5,055 $ 4,442