Note 7 - Computation of Basic and Diluted Net Loss Per Share

9 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Earnings Per Share [Text Block]

7

.  Computation of Basic and Diluted Net Loss per Share

Basic and diluted net loss per share ha

ve been computed using the weighted-average number of shares of common stock outstanding during the period.

The Company excludes securities from its diluted net loss per share computation when their effect would be antidilutive to net loss per share amounts. The following common stock equivalents were excluded from the net loss per share computation:

	Three Months Ended				Nine Months Ended
	Dec ember 31, 2017		Dec ember 31, 2016		Dec ember 31, 2017		Dec ember 31, 2016
	(in thousands)				(in thousands)
Options		4,176		4,380		2,241		4,224
Unvested restricted stock units		37		108		52		135
Warrants		2,262		2,262		2,262		2,262
Total common stock equivalents excluded from diluted net loss per common share		6,475		6,750		4,555		6,621