Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Mar. 31, 2014
Current assets:    
Cash and cash equivalents $ 4,987 $ 5,480
Accounts receivable, net 1,954 1,790
Due from affiliate 0 537
Inventories, net 1,306 1,088
Prepaid expenses and other current assets 421 647
Total current assets 8,668 9,542
Property and equipment, net 946 971
Long-term investment, at cost 10,150 10,150
Other assets 115 128
Total assets 19,879 20,791
Current liabilities:    
Accounts payable 943 736
Accrued expenses and other current liabilities 734 889
Deferred revenue 2,250 2,629
Current portion of long-term debt 63 143
Derivative liabilities (See Note 4) 1,697 3,175
Total current liabilities 5,687 7,572
Deferred revenue, less current portion 787 1,152
Long-term debt 1 4
Total liabilities 6,475 8,728
Commitments and Contingencies      
Stockholders' Equity    
Convertible preferred stock, $0.0001 par value; 5,000,000 shares authorized, none issued and outstanding at June 30, 2014 (unaudited) and March 31, 2014, respectively      
Common stock, $0.0001 par value; 14,285,715 shares authorized, 8,460,145 and 8,160,145 shares issued and outstanding at June 30, 2014 (unaudited) and March 31, 2014, respectively 1 1
Additional paid-in capital 150,544 149,141
Accumulated other comprehensive loss (3,061) (3,069)
Accumulated deficit (134,080) (134,010)
Total stockholders' equity 13,404 12,063
Total liabilities and stockholders' equity $ 19,879 $ 20,791