Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Revenues    
Product $ 3,816 $ 2,710
Service 235 230
Total revenues 4,051 2,940
Cost of revenues    
Product 988 790
Service 179 201
Total cost of revenues 1,167 991
Gross profit 2,884 1,949
Operating expenses    
Research and development 532 436
Selling, general and administrative 2,847 3,531
Total operating expenses 3,379 3,967
Loss from operations (495) (2,018)
Interest expense (288) (162)
Interest income 1 1
Gain due to change in fair value of derivative instruments 1,247 96
Other expense, net (20) (92)
Net income (loss) 445 (2,175)
Preferred stock deemed dividend (1,062)   
Net loss available to common shareholders (617) (2,175)
Net loss per common share: basic and diluted (in Dollars per share) $ (0.02) $ (0.08)
Weighted-average number of shares used in per common share calculations:    
Basic and diluted (in Shares) 31,601 26,711
Other comprehensive income (loss), net of tax    
Net income (loss) 445 (2,175)
Foreign currency translation adjustments (120) 33
Other Comprehensive income (loss) $ 325 $ (2,142)