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3. NET LOSS PER COMMON SHARE (Tables)
6 Months Ended
Sep. 30, 2019
NET LOSS PER COMMON SHARE  
Basic and diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Six Months Ended September 30,

 

 

 

2019

 

2018

 

2019

 

2018

    

 

 

(In thousands, except per share amounts)

 

Net loss

   

$

(1,768)

    

$

(351)

    

$

(1,893)

    

$

(1,997)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares—Basic

 

 

22,975

 

 

21,844

 

 

22,791

 

 

21,707

 

Dilutive effect of employee stock options

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Dilutive effect of employee stock purchase plan options

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Weighted average shares—Dilutive

 

 

22,975

 

 

21,844

 

 

22,791

 

 

21,707

 

Net loss per common share—Basic

 

$

(0.08)

 

$

(0.02)

 

$

(0.08)

 

$

(0.09)

 

Net loss per common share—Diluted

 

$

(0.08)

 

$

(0.02)

 

$

(0.08)

 

$

(0.09)

 

 

Anti-dilutive shares

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Six Months Ended September 30,

 

 

 

2019

 

2018

 

2019

 

2018

    

 

 

 

 

(In thousands)

 

 

 

Shares underlying options and ESPP shares

   

3,312

 

3,438

 

3,534

 

3,228