Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.22.2
Stockholders' Equity (Tables)
12 Months Ended
Mar. 31, 2022
Stockholders' Equity  
Summary of stock-based compensation expense by statement of operations line item

The following table summarizes, by consolidated statements of operations line item, stock-based compensation expense (in thousands):

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​

​

​

​

​

​

​

​

​

Year Ended

​

​

​

March 31,

​

​

    

2022

    

2021

 

Cost of goods sold

​

$

109

    

$

83

​

Research and development

​

 

79

​

 

41

​

Selling, general and administrative

​

 

1,057

​

 

813

​

Stock-based compensation expense

​

$

1,245

​

$

937

​

Summary of stock option activity

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​

​

​

​

​

​

​

​

​

​

​

Weighted

​

​

​

​

​

Average Grant

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​

​

​

​

Date Fair

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Restricted Stock Units and Performance Restricted Stock Units

​

Shares

​

Value

 

Non-vested restricted stock units outstanding at March 31, 2021

    

497,281

    

$

5.65

​

Granted

 

328,963

​

​

5.40

​

Vested and issued

 

(194,444)

​

​

5.18

​

Forfeited

 

(39,995)

​

​

5.78

​

Non-vested restricted stock units outstanding at March 31, 2022

 

591,805

​

​

5.66

​

Restricted stock units expected to vest beyond March 31, 2022

 

591,805

​

$

5.66

​

Summary of restricted stock activity

The following table provides additional information on restricted stock units and performance restricted stock units:

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​

​

​

​

​

​

​

​

​

Year Ended March 31,

​

    

    

2022

    

2021

Restricted stock compensation expense (in thousands)

​

    

$

1,245

    

$

937

Aggregate fair value of restricted stock units vested and issued (in thousands)

​

    

$

936

    

$

352

Weighted average grant date fair value of restricted stock units granted during the period

​

    

$

5.40

    

$

5.28

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Schedule of fair value assumptions - warrants

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​

​

​

Risk-free interest rate

 

0.2%

Contractual term

 

3 years

Expected volatility

 

81.0%

​