Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,254 $ 7,469
Accounts receivable, net 2,260 2,274
Inventories, net 2,085 1,640
Prepaid expenses and other current assets 793 1,505
Total current assets 8,392 12,888
Property and equipment, net 794 850
Other assets 55 65
Total assets 9,241 13,803
Current liabilities:    
Accounts payable 1,284 1,337
Accrued expenses and other current liabilities 1,189 1,526
Deferred revenue 651 574
Current portion of long-term debt 28 114
Total current liabilities 3,152 3,551
Deferred revenue, less current portion 0 112
Long-term debt, less current portion 50 0
Total liabilities 3,202 3,663
Commitments and Contingencies (Note 5)
Stockholders' Equity    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized, none issued and outstanding at September 30, 2016 and March 31, 2016, respectively 0 0
Common stock, $0.0001 par value; 12,000,000 shares authorized at September 30, 2016 and March 31, 2016, 4,206,020 (unaudited) and 4,196,873 shares issued and outstanding at September 30, 2016 and March 31, 2016, respectively (Note 6) 1 1
Additional paid-in capital 167,185 166,368
Accumulated deficit (156,892) (152,375)
Accumulated other comprehensive loss (4,255) (3,854)
Total stockholders' equity 6,039 10,140
Total liabilities and stockholders' equity $ 9,241 $ 13,803