Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 7,974 $ 6,136
Accounts receivable, net 2,572 1,517
Inventories, net 1,670 1,402
Prepaid expenses and other current assets 461 592
Total current assets 12,677 9,647
Property and equipment, net 835 795
Long-term investment 0 4,538
Other assets 72 68
Total assets 13,584 15,048
Current liabilities:    
Accounts payable 1,161 932
Accrued expenses and other current liabilities 1,016 782
Deferred revenue 391 769
Current portion of long-term debt 0 87
Derivative liabilities 5 11
Total current liabilities 2,573 2,581
Deferred revenue, less current portion 263 413
Total liabilities $ 2,836 $ 2,994
Commitments and Contingencies (Note 6)
Stockholders' Equity    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized, none issued and outstanding at September 30, 2015 and March 31, 2015, respectively $ 0 $ 0
Common stock, $0.0001 par value; 30,000,000 shares authorized, 16,415,765 and 15,045,080 shares issued and outstanding at September 30, 2015 and March 31, 2015, respectively (Note 12) 2 2
Additional paid-in capital 160,893 157,772
Accumulated deficit (146,316) (142,213)
Accumulated other comprehensive loss (3,831) (3,507)
Total stockholders' equity 10,748 12,054
Total liabilities and stockholders' equity $ 13,584 $ 15,048