v3.25.2
UNAUDITED CONDENSED FINANCIAL INFORMATION
 12 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
UNAUDITED CONDENSED FINANCIAL INFORMATION UNAUDITED CONDENSED FINANCIAL INFORMATION
The unaudited condensed financial information for the three-month period ended March 31, 2023 is as follows (in thousands):
Three Months Ended March 31, 2023
(Unaudited)
Revenues:
Products$12,508 
Services20,344 
Total revenues32,852 
Cost of revenues:
Cost of products9,002 
Cost of services7,276 
Total cost of revenues16,278 
Gross profit16,574 
Operating expenses:
Selling, general and administrative expenses16,941 
Research and development expenses1,723 
Total operating expenses18,664 
Loss from operations(2,090)
Interest income24 
Interest expense, net
(137)
Bargain purchase - Movingdots7,234 
Other income, net
3 
Net income before income taxes
5,034 
Income tax expense
(392)
Net income before non-controlling interest
4,642 
Non-controlling interest3 
Net income
4,645 
Accretion of preferred stock(1,655)
Preferred stock dividend(1,107)
Net income attributable to common stockholders
$1,883 
Net income per share attributable to common stockholders - basic and diluted
$0.04 
Weighted average common shares outstanding - basic
35,548 
Weighted average common shares outstanding - diluted
35,628