3. NET LOSS PER COMMON SHARE (Tables)

12 Months Ended

Mar. 31, 2022

NET LOSS PER COMMON SHARE

Basic and diluted net loss per share

	Year Ended March 31,
	2022		2021		2020
	(In thousands, except per share amounts)
Net loss	$	(16,368)	$	(21,505)	$	(10,337)
Denominators:
Weighted average shares—Basic		24,303		23,671		22,968
Dilutive effect of employee stock options		—		—		—
Dilutive effect of employee stock purchase plan options		—		—		—
Weighted average shares—Dilutive		24,303		23,671		22,968
Net loss per common share—Basic	$	(0.67)	$	(0.91)	$	(0.45)
Net loss per common share—Diluted	$	(0.67)	$	(0.91)	$	(0.45)

Anti-dilutive shares

	Year Ended March 31,
	2022	2021	2020
	(In thousands)
Shares underlying options and ESPP shares	6,405	4,607	3,914