Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Comprehensive Loss (Unaudited)

v3.3.0.814
Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Product $ 3,404 $ 2,076 $ 6,320 $ 4,197
Product licensing fees and royalties 339 997 786 2,046
Service 311 191 628 413
Total revenues 4,054 3,264 7,734 6,656
Cost of revenues        
Product 1,717 1,368 3,233 2,690
Service 247 164 538 328
Total cost of revenues 1,964 1,532 3,771 3,018
Gross profit 2,090 1,732 3,963 3,638
Operating expenses        
Research and development 412 353 879 792
Selling, general and administrative 3,536 2,923 7,253 5,904
Total operating expenses 3,948 3,276 8,132 6,696
Loss from operations (1,858) (1,544) (4,169) (3,058)
Interest expense (1) (1) (1) (4)
Interest income 1 0 1 0
Gain due to change in fair value of derivative liabilities 65 841 6 2,319
Other income (expense), net 30 (14) 60 (45)
Net loss $ (1,763) $ (718) $ (4,103) $ (788)
Net loss per common share: basic and diluted $ (0.11) $ (0.08) $ (0.26) $ (0.09)
Weighted-average number of shares used in per common share calculations:        
Basic and diluted 16,257 8,503 15,721 8,424
Other comprehensive loss, net of tax        
Net loss $ (1,763) $ (718) $ (4,103) $ (788)
Foreign currency translation adjustments (253) (110) (324) (102)
Comprehensive loss $ (2,016) $ (828) $ (4,427) $ (890)