Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 8,752 $ 6,136
Accounts receivable, net 2,540 1,517
Inventories, net 1,466 1,402
Prepaid expenses and other current assets 506 592
Total current assets 13,264 9,647
Property and equipment, net 863 795
Long-term investment 0 4,538
Other assets 79 68
Total assets 14,206 15,048
Current liabilities:    
Accounts payable 1,202 932
Accrued expenses and other current liabilities 916 782
Deferred revenue 507 769
Current portion of long-term debt 35 87
Derivative liabilities 70 11
Total current liabilities 2,730 2,581
Deferred revenue, less current portion 339 413
Total liabilities $ 3,069 $ 2,994
Commitments and Contingencies (Note 6)    
Stockholders' Equity    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized, none issued and outstanding at June 30, 2015 and March 31, 2015, respectively $ 0 $ 0
Common stock, $0.0001 par value; 30,000,000 shares authorized, 15,681,565 and 15,045,080 shares issued and outstanding at June 30, 2015 and March 31, 2015, respectively 2 2
Additional paid-in capital 159,266 157,772
Accumulated deficit (144,553) (142,213)
Accumulated other comprehensive loss (3,578) (3,507)
Total stockholders' equity 11,137 12,054
Total liabilities and stockholders' equity $ 14,206 $ 15,048