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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Revenues $ 79,720 $ 90,581 $ 77,383
Cost of revenue 59,484 69,670 59,872
Gross profit 20,236 20,911 17,511
Operating expenses:      
General and administrative 18,008 16,740 19,487
Impairment on Intangibles 0 456 0
Acquisition related costs 0 56 765
Sales and marketing 11,595 12,988 11,392
Research and development 1,229 1,495 1,852
Total operating expenses 30,832 31,735 33,496
(Loss) income from operations (10,596) (10,824) (15,985)
Other income (expense):      
Other income 62 39 0
Interest expense (1,026) (752) (339)
Amortization of debt issue costs (206) (95) (73)
Interest income 7 2 34
Total other expense (1,163) (806) (378)
Loss before income tax (11,759) (11,630) (16,363)
Income tax expense 42 41 17,978
Net (loss) income $ (11,801) $ (11,671) $ (34,341)
Basic net (loss) income per share attributable to common shareholders $ (0.36) $ (0.36) $ (1.08)
Weighted-average common shares outstanding 32,829,470 32,486,240 31,703,712
Diluted net (loss) income per share $ (0.36) $ (0.36) $ (1.08)
Weighted-average common shares and share equivalents outstanding 32,829,470 32,486,240 31,703,712
Product revenue      
Revenues $ 54,368 $ 63,307 $ 57,210
Cost of revenue 37,319 44,466 42,979
Service revenue      
Revenues 25,352 27,274 20,173
Cost of revenue $ 22,165 $ 25,204 $ 16,893