XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]        
Revenue $ 35,401 $ 31,769 $ 102,989 $ 90,037
Cost of revenue 17,950 16,864 52,391 49,617
Gross profit 17,451 14,905 50,598 40,420
Operating expenses        
Research and development expenses 4,820 4,533 14,305 12,669
Selling, general and administrative expenses 9,684 10,274 28,632 31,018
Merger and Acquisition expenses 442   442  
Total operating expenses 14,946 14,807 43,379 43,687
Income/(Loss) from operations 2,505 98 7,219 (3,267)
Interest income 7 5 32 18
Interest expense (114) (111) (342) (378)
Other income (expenses) ,net (57) (122) 553 (165)
Gain on reversal of accrued contingent liability     835  
Income /(Loss) before provision for income taxes 2,341 (130) 8,297 (3,792)
Provision for income taxes 512 2,939 2,604 1,643
Net Income/(Loss) $ 1,829 $ (3,069) $ 5,693 $ (5,435)
Earnings (Loss) per share:        
Basic (in dollars per share) $ 0.05 $ (0.08) $ 0.16 $ (0.15)
Diluted (in dollars per share) $ 0.05 $ (0.08) $ 0.15 $ (0.15)
Weighted average number of common shares outstanding        
Basic (in shares) 36,664,718 36,536,797 36,633,300 36,524,799
Diluted (in shares) 38,725,682 36,536,797 38,814,422 36,524,799