Annual report pursuant to Section 13 and 15(d)

3. Summary of Significant Accounting Policies (Tables)

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3. Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2013
Summary Of Significant Accounting Policies Tables  
Financial liabilities measured at fair value on a recurring basis

    Fair Value Measurements at March 31, 2013 Using  
      Total
March 31,
2013		       Quoted prices in active markets for identical assets
(Level 1)		       Significant other observable inputs
(Level 2)		       Significant other unobservable inputs
(Level 3)		  
Liabilities:                                
Derivative liability - warrants   $ –     $ –     $ –     $ –  

 

    Fair Value Measurements at March 31, 2012 Using  
      Total
March 31,
2013		       Quoted prices in active markets for identical assets
(Level 1)		       Significant other observable inputs
(Level 2)		       Significant other unobservable inputs
(Level 3)		  
Liabilities:                                
Derivative liability - warrants   $ 55     $ –     $ –     $ 55  

 
Schedule of property and equipment useful lives

 

    Years  
Office equipment    3  
Manufacturing, lab and other equipment    5  
Furniture and fixtures    7  

 
Potentially dilutive securities effect on net loss per share

 

    Year Ended March 31,  
    2013     2012  
    (In thousands)  
Anti-dilutive securities excluded from the computation of basic and diluted net loss per share are as follows:            
Options to purchase common stock     975       895  
Warrants to purchase common stock     1,318       1,213  
      2,293       2,108