Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited)

v2.4.0.8
Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Revenues    
Product $ 2,721 $ 3,804
Product licensing fees 433 12
Service 218 235
Total revenues 3,372 4,051
Cost of revenues    
Product 1,021 988
Service 151 179
Total cost of revenues 1,172 1,167
Gross profit 2,200 2,884
Operating expenses    
Research and development 507 532
Selling, general and administrative 2,819 2,847
Total operating expenses 3,326 3,379
Loss from operations (1,126) (495)
Interest expense (250) (288)
Interest income 1 1
Loss due to change in fair value of common stock (See Note 3) (309)  
Gain due to change in fair value of derivative liabilities    1,247
Other expense, net (28) (20)
Net (loss) income (1,712) 445
Preferred stock deemed dividend   (1,062)
Net loss available to common shareholders (1,712) (617)
Net loss per common share: basic and diluted $ (0.26) $ (0.14)
Weighted-average number of shares used in per common share calculations:    
Basic and diluted 6,619 4,514
Other comprehensive loss    
Net (loss) income (1,712) 445
Foreign currency translation adjustments (99) (120)
Comprehensive (loss) income $ (1,811) $ 325