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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Income Statement        
Net revenues $ 10,049 $ 14,702 $ 34,808 $ 38,800
Cost of revenues 4,000 4,663 13,948 14,942
Gross profit 6,049 10,039 20,860 23,858
Operating expenses:        
Research and development 8,208 5,171 19,636 15,773
Selling, general and administrative 2,584 2,632 8,119 7,902
Total operating expenses 10,792 7,803 27,755 23,675
Income (loss) from operations (4,743) 2,236 (6,895) 183
Interest income, net 190 195 610 488
Other income (expense), net 17 (99) (46) (224)
Income (loss) before income taxes (4,536) 2,332 (6,331) 447
Provision for income taxes 84 70 182 182
Net income (loss) $ (4,620) $ 2,262 $ (6,513) $ 265
Net income (loss) per share:        
Basic $ (0.20) $ 0.10 $ (0.28) $ 0.01
Diluted $ (0.20) $ 0.10 $ (0.28) $ 0.01
Weighted average shares used in per share calculations:        
Basic 23,096 21,979 22,894 21,798
Diluted 23,096 22,769 22,894 23,139