XML 31 R20.htm IDEA: XBRL DOCUMENT v3.23.2
Supplementary Financial Information (Tables)
 3 Months Ended
Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of inventories
The following table presents details of our inventories, net of reserves:
June 30,
2023		March 31,
2023
(In thousands)
Raw materials$7,833 $7,840 
Work in process387 315 
Finished goods3,314 2,686 
$11,534 $10,841 
Schedule of property and equipment, net
The following table presents details of our property and equipment, net:
June 30,
2023		March 31,
2023
(In thousands)
Equipment$6,524 $6,359 
Leasehold improvements824 824 
Accumulated depreciation(6,033)(5,886)
$1,315 $1,297 
Schedule of net intangible assets The following table presents details of our net intangible assets:
June 30, 2023March 31, 2023
Gross
Carrying
Amount		Accumulated
Amortization		Net Book
Value		Gross
Carrying
Amount		Accumulated
Amortization		Net Book
Value
(In thousands)
Technology$4,986 $(3,676)$1,310 $4,986 $(3,444)$1,542 
Customer contracts / relationships9,550 (4,724)4,826 9,550 (4,371)5,179 
Trade names and non-compete agreements782 (770)12 782 (770)12 
Capitalized software development costs8,068 (4,230)3,838 7,489 (4,032)3,457 
Total$23,386 $(13,400)$9,986 $22,807 $(12,617)$10,190 
Schedule of future estimated amortization expense As of June 30, 2023, future estimated amortization expense was as follows:
Year Ending March 31,
(In thousands)
2024$2,789 
20253,263 
20262,038 
20271,266 
2028618 
Thereafter— 
$9,974 
Schedule of warranty reserve activity The following table presents activity related to the warranty reserve:
Warranty Reserve ActivityThree Months Ended
June 30,
20232022
(In thousands)
Balance at beginning of fiscal year$758 $616 
Additions charged to cost of sales193 51 
Warranty claims(96)(44)
Balance at end of reporting period$855 $623 
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,
20232022
(In thousands, except per share amounts)
Numerator:
Net income (loss) from continuing operations$2,125 $(4,850)
Net loss from discontinued operations, net of tax— (15)
Net income (loss)$2,125 $(4,865)
Denominator:
Weighted average common shares used in basic computation$42,567 42,380 
Stock options and other dilutive awards1,073 — 
Weighted average common shares used in diluted computation$43,640 42,380 
Basic and diluted:
Net income (loss) per share from continuing operations:$0.05 $(0.11)
Net loss per share from discontinued operations:$— $— 
Net income (loss) per share$0.05 $(0.11)
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,
20232022
(In thousands)
Stock options3,362 5,718 
Restricted stock units280 446