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
Sep. 30, 2014
Mar. 31, 2014
Current assets:    
Cash and cash equivalents $ 3,549 $ 5,480
Accounts receivable, net 2,149 1,790
Due from affiliate 0 537
Inventories, net 1,235 1,088
Prepaid expenses and other current assets 358 647
Total current assets 7,291 9,542
Property and equipment, net 867 971
Long-term investment, at cost 10,150 10,150
Other assets 86 128
Total assets 18,394 20,791
Current liabilities:    
Accounts payable 1,051 736
Accrued expenses and other current liabilities 556 889
Deferred revenue 1,990 2,629
Current portion of long-term debt 8 143
Derivative liabilities (See Note 5) 856 3,175
Total current liabilities 4,461 7,572
Deferred revenue 563 1,152
Long-term debt, less current portion 0 4
Total liabilities 5,024 8,728
Stockholders' Equity    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized, none issued and outstanding at September 30, 2014 (unaudited) and March 31, 2014, respectively 0 0
Common stock, $0.0001 par value; 14,285,715 shares authorized, 8,585,382 and 8,160,145 shares issued and outstanding at September 30, 2014 (unaudited) and March 31, 2014, respectively 1 1
Additional paid-in capital 151,338 149,141
Accumulated other comprehensive loss (3,171) (3,069)
Accumulated deficit (134,798) (134,010)
Total stockholders' equity 13,370 12,063
Total liabilities and stockholders' equity $ 18,394 $ 20,791