v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 26, 2021
Jun. 27, 2020
Revenue $ 2,050 $ 3,548
Cost of revenue 1,250 2,034
Gross profit 800 1,514
Operating expenses:    
Engineering 402 437
Selling, general and administrative 1,098 969
Total operating expenses 1,500 1,406
Operating income (loss) (700) 108
Interest expense, net and other:    
Other expense, net (111) 0
Interest expense, net (3) (33)
Income (loss) before income taxes (814) 75
Provision for income taxes 0 0
Net income (loss) (814) 75
Deemed dividend on Series E preferred stock (3) (3)
Cumulative dividends on converted Series E preferred stock (43) 0
Net income (loss) attributable to common shareholders $ (860) $ 72
Income (loss) per common share – basic (in dollars per share) $ (0.32) $ 0.03
Income (loss) per common share – diluted (in dollars per share) $ (0.32) $ 0.03
Weighted average common shares used in per share calculation:    
Basic (in shares) 2,725 2,636
Diluted (in shares) 2,725 2,826
Product [Member]    
Revenue $ 51 $ 1,109
Service [Member]    
Revenue $ 1,999 $ 2,439

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