| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 |
|---|---|---|---|---|---|---|---|---|
Interest (expense) income - net | ||||||||
- | - | - | - | - | 23 | 90 | 56 | - |
Net sales | ||||||||
17,588 | 14,873 | - | - | - | - | - | 56 | - |
Net sales | ||||||||
- | - | 14,083 | 13,740 | 9,891 | 12,577 | 15,383 | 13,304 | 13,249 |
Cost of goods sold - acquired from Joint Venture | ||||||||
10,688 | 10,099 | 9,380 | 9,670 | 6,616 | 9,008 | 10,879 | 9,420 | 7,024 |
Cost of goods sold - other | ||||||||
1,345 | 229 | 554 | 290 | 946 | 727 | 162 | 373 | 2,463 |
GROSS PROFIT | ||||||||
5,554 | 4,544 | 4,148 | 3,779 | 2,328 | 2,840 | 4,341 | 3,511 | 3,761 |
Selling, general and administrative expense | ||||||||
4,864 | 4,616 | 4,444 | 4,480 | 4,175 | 4,251 | 5,010 | 4,389 | 4,375 |
Research and development expense | ||||||||
502 | 653 | 682 | 665 | 776 | 592 | 543 | 570 | 615 |
Operating loss | ||||||||
186 | -726 | -978 | -1,366 | -2,624 | -2,002 | -1,211 | -1,449 | -1,229 |
Other expense: | ||||||||
Nonoperating Income (Expense) | ||||||||
- | - | - | - | - | - | - | - | 208 |
LOSS BEFORE EQUITY IN EARNINGS OF JOINT VENTURE | ||||||||
- | - | - | - | - | -1,979 | -1,121 | -1,393 | -1,020 |
Loss from investment in Hong Kong Joint Venture | ||||||||
-1,049 | -1,322 | -1,017 | -741 | -1,128 | -159 | 722 | 500 | 1,691 |
Interest expense | ||||||||
484 | 213 | - | - | - | - | - | - | 4 |
Interest income | ||||||||
- | - | - | - | - | - | - | - | 213 |
Interest expense | ||||||||
- | - | -63 | -29 | 22 | - | - | - | - |
Loss before income taxes | ||||||||
-1,347 | -2,262 | -2,058 | -2,137 | -3,729 | -2,139 | -398 | -892 | - |
(Loss) income from operations before income taxes | ||||||||
- | - | - | - | - | - | - | - | 670 |
Income tax benefit | ||||||||
0 | 0 | 0 | 0 | -25 | 2,310 | 53 | -389 | -146 |
NET LOSS | ||||||||
-1,347 | -2,262 | -2,058 | -2,137 | -3,704 | -4,450 | -452 | -503 | 817 |
Loss per share: | ||||||||
Basic and diluted | ||||||||
-0.58 | -0.98 | -0.89 | -0.92 | -1.60 | - | - | - | - |
Basic (in dollars per share) | ||||||||
- | - | - | - | - | -1.94 | -0.20 | -0.21 | 0.34 |
Diluted (in dollars per share) | ||||||||
- | - | - | - | - | -1.94 | -0.20 | -0.21 | 0.34 |
Shares used in computing net loss per share: | ||||||||
Weighted average basic and diluted shares outstanding | ||||||||
2,312 | 2,312 | 2,312 | 2,312 | 2,312 | - | - | - | - |
Basic (in shares) | ||||||||
- | - | - | - | - | 2,290 | 2,311 | 2,374 | 2,387 |
Diluted (in shares) | ||||||||
- | - | - | - | - | 2,290 | 2,311 | 2,374 | 2,395 |