v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 21,412 $ 54,720
Accounts receivable, less allowance for credit losses of $25 and $91, respectively 1,908 2,317
Inventories, net 13,608 16,205
Prepaid expenses and other current assets 6,378 5,330
Prepaid income taxes 258 299
Total current assets 43,564 78,871
Noncurrent assets:    
Property and equipment, net 26,326 28,859
Intangible and other assets, net 10,789 13,346
Goodwill 0 26,658
Operating lease right-of-use assets, net 512 966
Total noncurrent assets 37,627 69,829
Total assets 81,191 148,700
Current liabilities:    
Accounts payable 20,906 23,564
Sales tax payable 22,261 24,867
Accrued expenses and other current liabilities 7,665 11,711
Current operating lease liabilities 493 461
Deferred revenue 689 2,085
Income taxes payable 20 80
Total current liabilities 52,034 62,768
Deferred tax liabilities, net 175 263
Long-term operating lease liabilities 42 535
Total liabilities 52,251 63,566
Commitments and contingencies (Note 14)
Shareholders' equity:    
Common stock, $.001 par value, 40,000,000 shares authorized; 21,385,638 and 20,656,822 shares issued and outstanding, respectively 21 21
Additional paid-in capital 19,647 18,560
Retained earnings 9,263 66,544
Total shareholders' equity 28,940 85,134
Total liabilities and shareholders' equity 81,191 148,700
Convertible Preferred Stock    
Shareholders' equity:    
Preferred stock 9 9
Series A Junior Participating Preferred Stock    
Shareholders' equity:    
Preferred stock $ 0 $ 0