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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues $ 17,560 $ 36,510 $ 35,466 $ 71,611
Cost of revenue 13,125 25,722 27,477 50,593
Gross profit 4,435 10,788 7,989 21,018
Operating expenses:        
General and administrative 3,945 2,753 7,699 5,864
Acquisition costs 333 0 347 0
Sales and marketing 2,649 2,687 5,538 5,932
Research and development 451 317 965 773
Total operating expenses 7,378 5,757 14,549 12,569
(Loss) income from operations (2,943) 5,031 (6,560) 8,449
Other income (expense):        
Other income 1   (0) 1
Interest expense (16) (14) (33) (33)
Amortization of debt issue costs (16) (15) (31) (31)
Total other expense (31) (29) (64) (63)
(Loss) income before income tax (2,974) 5,002 (6,624) 8,386
Income tax (benefit) expense (643) 1,343 (1,458) 2,217
Net (loss) income $ (2,331) $ 3,659 $ (5,166) $ 6,169
Basic net (loss) income per share attributable to common shareholders $ (0.07) $ 0.12 $ (0.17) $ 0.20
Weighted-average common shares outstanding 31,330,030 31,031,098 31,240,475 30,946,105
Diluted net (loss) income per share $ (0.07) $ 0.12 $ (0.17) $ 0.20
Weighted-average common shares and share equivalents outstanding 31,330,030 31,287,826 31,240,475 31,310,965
Product revenue        
Revenues $ 12,833 $ 27,811 $ 26,316 $ 56,057
Cost of revenue 9,287 18,864 19,672 38,297
Service revenue        
Revenues 4,727 8,699 9,150 15,554
Cost of revenue $ 3,838 $ 6,858 $ 7,805 $ 12,296