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NET LOSS PER COMMON SHARE (Tables)
3 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Summary of the Effect of Net Loss Per Common Share Net loss per common share is calculated based upon the following shares:

 

 

 

For the Three Months Ended
June 30,

 

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss (in thousands)

 

$

(3,758

)

 

$

(6,637

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

32,610,604

 

 

 

32,345,823

 

Weighted-average common shares and common share
   equivalents outstanding

 

 

32,610,604

 

 

 

32,345,823

 

Net loss per common share:

 

 

 

 

 

 

Basic

 

$

(0.12

)

 

$

(0.21

)

Diluted

 

$

(0.12

)

 

$

(0.21

)

Number of Potentially Dilutive Securities Excluded from the Calculation of Diluted Net Loss per Common Share

The following table indicates the number of potentially dilutive securities excluded from the calculation of Diluted net loss per common share because their inclusion would have been anti-dilutive. The number of shares is as of the end of each period:

 

 

 

For the Three Months Ended
June 30,

 

 

 

2024

 

 

2023

 

Restricted shares

 

 

1,524,222

 

 

 

582,506

 

Total

 

 

1,524,222

 

 

 

582,506