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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ / shares in Thousands
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Net revenues $ 569,093 $ 830,821
Cost of sales 401,503 396,009
Gross Profit 167,590 434,812
Operating expenses:    
Research and development 125,904 145,766
Selling, general and administrative 219,780 214,255
Depreciation and amortization 5,776 5,506
Total operating expenses 351,460 365,527
Income (loss) from operations (183,870) 69,285
Other income (expense):    
EIDL grant income 10,000
Interest income 4,909 7,153
Interest expense (1,275) (1,669)
Total other income (expense) 13,634 5,484
Income (loss) before provision for taxes (170,236) 74,769
Benefit (provision) for income taxes:    
Current 12,500 (1,000)
Deferred 42,000 (21,000)
Total benefit (provision) for income taxes 54,500 (22,000)
Net income (loss) $ (115,736) $ 52,769
Basic and diluted earnings per common share: (in dollars per share) $ 0 $ 0
Weighted average shares of common stock outstanding - basic (in shares) 67,588,504 67,588,504