Income Statement

v3.19.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Revenue $ 11,148 $ 9,800
Cost of sales 6,425 7,064
Gross profit 4,723 2,736
Operating expenses:    
Engineering 1,304 1,794
Selling, general and administrative 3,707 4,076
Total operating expenses 5,011 5,870
Operating loss (288) (3,134)
Gain on adjustment of warrant liability to fair value 172
Gain on sale of product line 324
Interest expense, net (713) (461)
Loss before income taxes (1,001) (3,099)
Provision for income taxes 42 2
Net loss (1,043) (3,101)
Deemed dividend on Series E shares (557)
Net loss attributable to common shareholders $ (1,043) $ (3,658)
Loss per common share – basic (in dollars per share) $ (0.10) $ (0.38)
Loss per common share – diluted (in dollars per share) $ (0.10) $ (0.38)
Weighted average common shares used in per share calculation:    
Basic (in shares) 10,775 9,738
Diluted (in shares) 10,775 9,738
Product [Member]    
Revenue $ 2,123 $ 2,915
Service [Member]    
Revenue $ 9,025 $ 6,885

Source