Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue, net:    
Revenue, net $ 106,004 $ 85,564
Cost of goods sold:    
Cost of goods sold 72,133 62,266
Gross profit 33,871 23,298
Operating expenses:    
Research and development 3,621 2,667
Selling, general and administrative 26,858 26,205
Total operating expenses 30,479 28,872
Income (loss) from operations 3,392 (5,574)
Other income 3,284 2,317
Interest income 242 186
Interest expense (4,147) (3,944)
Income (loss) before provision for income taxes 2,771 (7,015)
Provision (benefit) for income taxes (54) 175
Net income (loss) $ 2,825 $ (7,190)
Net loss per share of common stock and non-voting common stock - basic (in dollars per share) $ (3.21) $ (0.38)
Net loss per share of common stock and non-voting common stock - diluted (in dollars per share) $ (3.21) $ (0.38)
Weighted average shares used to calculate basic net income (loss) per common stock and non-voting common stock (in shares) 20,833 19,056
Weighted average shares used to calculate diluted net income (loss) per common stock and non-voting common stock (in shares) 20,833 19,056
Product and Accessories    
Revenue, net:    
Revenue, net $ 56,949 $ 40,281
Cost of goods sold:    
Cost of goods sold 51,500 39,191
Parts and Services    
Revenue, net:    
Revenue, net 33,200 30,877
Cost of goods sold:    
Cost of goods sold 11,806 13,669
Rentals    
Revenue, net:    
Revenue, net 15,855 14,406
Cost of goods sold:    
Cost of goods sold $ 8,827 $ 9,406