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3. NET LOSS PER COMMON SHARE (Tables)
12 Months Ended
Mar. 31, 2025
NET LOSS PER COMMON SHARE  
Basic and diluted net loss per share

Year Ended March 31, 

2025

    

2024

    

2023

 

(In thousands, except per share amounts)

Net loss

$

(10,639)

    

$

(20,087)

$

(15,977)

Denominators:

Weighted average shares—Basic

 

25,498

25,144

24,595

Dilutive effect of employee stock options

Dilutive effect of employee stock purchase plan options

 

Weighted average shares—Dilutive

 

25,498

 

25,144

 

24,595

Net loss per common share—Basic

$

(0.42)

 

$

(0.80)

$

(0.65)

Net loss per common share—Diluted

$

(0.42)

 

$

(0.80)

$

(0.65)

Anti-dilutive shares

Year Ended March 31, 

    

2025

    

2024

    

2023

 

(In thousands)

Shares underlying options and ESPP shares

7,551

7,930

8,531