Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Revenue, net:    
Revenue, net $ 24,923 $ 27,871
Cost of goods sold:    
Cost of goods sold 16,163 20,307
Gross profit 8,760 7,564
Operating expenses:    
Research and development 1,221 814
Selling, general and administrative 6,572 6,921
Total operating expenses 7,793 7,735
Income (loss) from operations 967 (171)
Other income (expense), net (227) 436
Interest income 159 53
Interest expense (857) (1,011)
Income (loss) before provision for income taxes 42 (693)
Provision for income taxes 5 5
Net income (loss) $ 37 $ (698)
Net loss per share of common stock and non-voting common stock - basic (in dollars per share) $ (0.03) $ (0.04)
Net loss per share of common stock and non-voting common stock - diluted (in dollars per share) $ (0.03) $ (0.04)
Weighted average shares used to calculate basic net loss per share of common stock and non-voting common stock (in shares) 34,335 19,366
Weighted average shares used to calculate diluted net loss per share of common stock and non-voting common stock (in shares) 34,335 19,366
Product and Accessories    
Revenue, net:    
Revenue, net $ 12,964 $ 15,720
Cost of goods sold:    
Cost of goods sold 8,997 14,518
Parts and Services    
Revenue, net:    
Revenue, net 9,722 7,938
Cost of goods sold:    
Cost of goods sold 5,732 3,759
Rentals    
Revenue, net:    
Revenue, net 2,237 4,213
Cost of goods sold:    
Cost of goods sold $ 1,434 $ 2,030