Supplementary Financial Information (Tables)

3 Months Ended

Jun. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of inventories

The following table presents details of our inventories:

	June 30, 2022		March 31, 2022
	(In thousands)
Raw materials	$	10,893	$	5,680
Work in process	95		200
Finished goods	2,338		2,100
	$	13,326	$	7,980

Schedule of property and equipment, net

The following table presents details of our property and equipment, net:

	June 30, 2022		March 31, 2022
	(In thousands)
Equipment	$	7,013	$	6,825
Leasehold improvements	3,117		3,117
Accumulated depreciation	(8,709)		(8,550)
	$	1,421	$	1,392

Schedule of net intangible assets

The following table presents details of our net intangible assets:

	June 30, 2022						March 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value
	(In thousands)
Technology	$	4,986	$	(2,751)	$	2,235	$	4,986	$	(2,519)	$	2,467
Customer contracts / relationships	9,550		(3,312)		6,238		9,550		(2,959)		6,591
Trade names and non-compete agreements	782		(770)		12		782		(753)		29
Capitalized software development costs	6,233		(3,427)		2,806		5,900		(3,207)		2,693
Total	$	21,551	$	(10,260)	$	11,291	$	21,218	$	(9,438)	$	11,780

Schedule of future estimated amortization expense

As of June 30, 2022, future estimated amortization expense was as follows:

Year Ending March 31,
(In thousands)
2023	$	2,345
2024	2,985
2025	2,505
2026	1,293
2027	1,095
Thereafter	1,056
	$	11,279

Schedule of warranty reserve activity

The following table presents activity related to the warranty reserve:

Warranty Reserve Activity	Three Months Ended June 30,
	2022		2021
	(In thousands)
Balance at beginning of fiscal year	$	616	$	569
Additions charged to cost of sales	51		125
Warranty claims	(44)		(34)
Balance at end of reporting period	$	623	$	660

Schedule of computation of basic and diluted net loss per share

The following table sets forth the computation of basic and diluted net income (loss) per share:

	Three Months Ended June 30,
	2022		2021
	(In thousands, except per share amounts)
Numerator:
Net income (loss) from continuing operations	$	(4,850)	$	629
Net income (loss) from discontinued operations, net of tax	(15)		(18)
Net income (loss)	$	(4,865)	$	611
Denominator:
Weighted average common shares used in basic computation	42,380		41,875
Dilutive stock options	—		1,505
Weighted average common shares used in diluted computation	42,380		43,380
Basic:
Net income (loss) per share from continuing operations:	$	(0.11)	$	0.02
Net income (loss) per share from discontinued operations:	$	—	$	—
Net income (loss) per basic share	$	(0.11)	$	0.02
Diluted:
Net income (loss) per share from continuing operations:	$	(0.11)	$	0.01
Net income (loss) per share from discontinued operations:	$	—	$	—
Net income (loss) per diluted share	$	(0.11)	$	0.01

Schedule of instruments excluded in the computation of diluted net loss per share

The following instruments were excluded for purposes of calculating weighted average common share equivalents in the computation of diluted net income (loss) per share as their effect would have been anti-dilutive:

	Three Months Ended June 30,
	2022	2021
	(In thousands)
Stock options	5,718	25
Restricted stock units	446	—