Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Comprehensive Loss (Unaudited)

v3.21.2
Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue from Contract with Customer [Abstract]        
Revenues $ 3,744,000 $ 5,769,000 $ 7,428,000 $ 11,536,000
Cost of revenues 2,503,000 3,267,000 4,734,000 6,779,000
Gross profit 1,241,000 2,502,000 2,694,000 4,757,000
Operating expenses        
Research and development 10,000 (85,000) 95,000 391,000
Selling, general and administrative 2,195,000 2,418,000 4,468,000 4,862,000
Total operating expenses 2,205,000 2,333,000 4,563,000 5,253,000
Income (loss) from operations (964,000) 169,000 (1,869,000) (496,000)
Interest (expense) income, net (4,000) 4,000 (5,000) 4,000
Other (expense) income, net 723,000 (77,000) 531,000 (197,000)
Gain on sale of assets 150,000 55,000 150,000 132,000
Income (loss) from continuing operations (95,000) 151,000 (1,193,000) (557,000)
Income tax expense (5,000) 0 (5,000) 0
Income (loss) from discontinued operations (Note 4) 0 (31,000) 0 917,000
Net income (loss) $ (100,000) $ 120,000 $ (1,198,000) $ 360,000
Net income (loss) per share: basic        
Continuing operations $ (0.04) $ 0.08 $ (0.54) $ (0.29)
Discontinued operations 0 (0.02) 0 0.48
Total Basic Net income (loss) per share (0.04) 0.06 (0.54) 0.19
Net income (loss) per share: diluted        
Continuing operations (0.04) 0.07 (0.54) (0.26)
Discontinued operations 0 (0.01) 0 0.43
Total diluted net income (loss) per share $ (0.04) $ 0.06 $ (0.54) $ 0.17
Weighted-average number of shares used in per common share calculations: basic 2,344 2,008 2,219 1,924
Weighted-average number of shares used in per common share calculations: diluted 2,344 2,159 2,219 2,118
Other comprehensive income (loss)        
Foreign currency translation adjustments $ (234,000) $ 188,000 $ 73,000 $ 355,000
Comprehensive income (loss) $ (334,000) $ 308,000 $ (1,125,000) $ 715,000