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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net (loss) income $ (2,835) $ 2,510
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation 354 309
Amortization of intangible assets 52 67
Stock-based compensation 254 160
Amortization of debt issue costs 15 16
Deferred income tax (978) 872
Gain on sale of property and equipment (1)  
Provision for inventory reserves 100 134
Other (9)  
Changes in operating assets and liabilities:    
Accounts receivable 109 (5,934)
Revenue earned but not billed 527 1,886
Inventories 979 (1,232)
Prepaid expenses and other assets 160 251
Accounts payable (2,491) 1,447
Accrued expenses and other (1,273) (3,550)
Deferred revenue, current and long-term 32 98
Net cash used in operating activities (5,005) (2,966)
Investing activities    
Cash to fund acquisition 55  
Cash paid for investment   (500)
Purchases of property and equipment (139) (152)
Additions to patents and licenses (1) (4)
Net cash used in investing activities (85) (656)
Financing activities    
Payment of long-term debt (4) (4)
Payments to settle employee tax withholdings on stock-based compensation (2) (4)
Deferred financing costs   (4)
Net proceeds from employee equity exercises 54 104
Net cash provided by financing activities 48 92
Net decrease in cash and cash equivalents (5,042) (3,530)
Cash and cash equivalents at beginning of period 14,466 19,393
Cash and cash equivalents at end of period $ 9,424 $ 15,863