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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Net sales $ 9,459,000 $ 6,985,000 $ 27,842,000 $ 22,907,000
Cost of sales 6,221,000 4,914,000 17,170,000 14,560,000
Gross profit 3,238,000 2,071,000 10,672,000 8,347,000
Operating expenses:        
General and administrative 1,403,000 1,001,000 4,171,000 3,801,000
Sales and marketing 1,127,000 1,300,000 3,808,000 3,918,000
Research and development 200,000 211,000 483,000 519,000
Total operating expenses 2,730,000 2,512,000 8,462,000 8,238,000
Income (loss) from operations 508,000 (441,000) 2,210,000 109,000
Interest expense, net (116,000) (123,000) (312,000) (374,000)
Gain on extinguishment of debt 0 1,389,000 0 1,389,000
Income before income taxes 392,000 825,000 1,898,000 1,124,000
Income tax expense (benefit) 6,000 (2,000) 21,000 3,000
Net income $ 386,000 $ 827,000 $ 1,877,000 $ 1,121,000
Net income per share:        
Basic (in dollars per share) $ 0.06 $ 0.14 $ 0.31 $ 0.18
Diluted (in dollars per share) $ 0.06 $ 0.13 $ 0.30 $ 0.18
Shares used in calculation of net income per share:        
Basic (in shares) 6,183 6,097 6,144 6,060
Diluted (in shares) 6,371 6,222 6,219 6,169