Annual report pursuant to Section 13 and 15(d)

Quarterly Results of Operations (unaudited) (Tables)

v3.4.0.3
Quarterly Results of Operations (unaudited) (Tables)
12 Months Ended
Mar. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
(in thousands, except per share amounts)
Fiscal Year 2016 Quarters Ended
 
June 30, 2015
 
Sept. 30, 2015
 
Dec. 31, 2015
 
Mar. 31, 2016
Revenue
$
21,570

 
$
25,514

 
$
20,215

 
$
20,904

Gross profit
8,429

 
10,231

 
7,963

 
7,893

Restructuring
17

 

 

 
731

Total operating expenses
12,667

 
12,663

 
12,838

 
13,104

Income (loss) before income taxes and discontinued operations
(4,200
)
 
(2,493
)
 
(4,790
)
 
(5,104
)
Income tax (expense) benefit
62

 
20

 
(7
)
 
27

Net income (loss) from continuing operations
(4,138
)
 
(2,473
)
 
(4,797
)
 
(5,077
)
Income (loss) from discontinued operations, net of tax
272

 

 

 
1

Net income (loss)
$
(3,866
)
 
$
(2,473
)
 
$
(4,797
)
 
$
(5,076
)
Net income (loss) per common share:
 
 
 
 
 
 
 
Basic
$
(0.06
)
 
$
(0.04
)
 
$
(0.08
)
 
$
(0.08
)
Diluted
$
(0.06
)
 
$
(0.04
)
 
$
(0.08
)
 
$
(0.08
)
(in thousands, except per share amounts)
Fiscal Year 2015 Quarters Ended
 
June 30, 2014
 
Sept. 30, 2014
 
Dec. 31, 2014
 
Mar. 31, 2015
Revenue
$
27,825

 
$
23,646

 
$
14,043

 
$
18,613

Gross profit
9,684

 
8,065

 
4,395

 
4,666

Goodwill impairment

 
11,450

 
20,547

 

Restructuring
57

 
(2
)
 

 
3,188

Total operating expenses
12,592

 
23,662

 
31,978

 
17,818

Income (loss) before income taxes and discontinued operations
(2,847
)
 
(15,613
)
 
(27,612
)
 
(13,170
)
Income tax (expense) benefit
29

 
69

 
72

 
31

Net income (loss) from continuing operations
(2,818
)
 
(15,544
)
 
(27,540
)
 
(13,139
)
Income (loss) from discontinued operations, net of tax

 

 

 
139

Net income (loss)
$
(2,818
)
 
$
(15,544
)
 
$
(27,540
)
 
$
(13,000
)
Net income (loss) per common share:
 
 
 
 
 
 
 
Basic
$
(0.05
)
 
$
(0.26
)
 
$
(0.46
)
 
$
(0.22
)
Diluted
$
(0.05
)
 
$
(0.26
)
 
$
(0.46
)
 
$
(0.22
)