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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net revenue:        
Total net revenue $ 47,742 $ 37,892 $ 95,248 $ 76,617
Cost of goods sold:        
Total cost of goods sold 18,377 13,637 37,388 27,494
Gross profit $ 29,365 $ 24,255 $ 57,860 $ 49,123
Gross profit margin 61.50% 64.00% 60.70% 64.10%
Operating expenses:        
Product development $ 12,577 $ 11,379 $ 24,134 $ 22,864
Sales and marketing 5,320 3,423 10,733 6,475
General and administrative 7,570 6,523 14,922 13,526
Depreciation of fixed assets 461 548 934 1,114
Amortization of internal-use software and intangibles 443 345 896 810
Other charges 67 580 281 805
Legal settlements 0 337 0 367
Total operating expense 26,438 23,135 51,900 45,961
Operating income 2,927 1,120 5,960 3,162
Other (income) expense:        
Interest income (380) (14) (482) (35)
Interest expense 1 1 1 2
Other (income) expense, net (112) 103 (414) 0
Income before taxes 3,418 1,030 6,855 3,195
Income tax (benefit) expense (158) 48 240 241
Net income 3,576 982 6,615 2,954
Series A convertible preferred stock dividends (459) (459) (918) (918)
Net income attributable to common shareholders $ 3,117 $ 523 $ 5,697 $ 2,036
Weighted average shares outstanding - basic 24,652 24,451 24,625 24,233
Net income per share - basic: $ 0.13 $ 0.02 $ 0.23 $ 0.08
Weighted average shares outstanding - diluted 25,783 25,409 25,591 25,296
Net income per share - diluted: $ 0.12 $ 0.02 $ 0.22 $ 0.08
Products [Member]        
Net revenue:        
Total net revenue $ 10,548 $ 7,299 $ 21,594 $ 16,143
Cost of goods sold:        
Total cost of goods sold 5,434 3,660 11,314 8,020
Subscription and maintenance [Member]        
Net revenue:        
Total net revenue 29,036 24,027 56,763 47,234
Cost of goods sold:        
Total cost of goods sold 6,170 5,019 12,456 9,763
Professional services [Member]        
Net revenue:        
Total net revenue 8,158 6,566 16,891 13,240
Cost of goods sold:        
Total cost of goods sold $ 6,773 $ 4,958 $ 13,618 $ 9,711