v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,811 $ 4,220
Accounts receivable, net 2,998 2,806
Inventories, net 2,620 2,530
Prepaid expenses and other current assets 3,509 3,218
Current portion of deferred consideration, net of discount 219 209
Total current assets 12,157 12,983
Property and equipment, net 373 360
Operating lease, right of use assets 722 769
Deferred consideration, net of discount, less current portion 755 763
Other assets 114 112
Total assets 14,121 14,987
Current liabilities:    
Accounts payable 1,831 1,769
Accrued expenses and other current liabilities 1,206 1,154
Deferred revenue 185 267
Deferred revenue Invekra 54 52
Current portion of debt – PPP 1,310 0
Current portion of long-term debt 397 596
Operating lease liabilities 250 240
Total current liabilities 5,233 4,078
Long-term deferred revenue Invekra 225 229
Long-term debt, less current portion – PPP 0 1,310
Withholding tax payable 3,570 3,478
Operating lease liabilities, less current portion 472 529
Total liabilities 9,500 9,624
Commitments and Contingencies (Note 6)
Stockholders’ Equity    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized at June 30, 2021 and March 31, 2021, 0 shares issued and outstanding at June 30, 2021 and March 31, 2021, respectively 0 0
Common stock, $0.0001 par value; 24,000,000 shares authorized June 30, 2021 and March 31, 2021, 2,092,909 shares issued and outstanding at June 30, 2021 and March 31, 2021 (Note 9) 2 2
Additional paid-in capital 189,266 189,217
Accumulated deficit (180,375) (179,277)
Accumulated other comprehensive loss (4,272) (4,579)
Total stockholders’ equity 4,621 5,363
Total liabilities and stockholders’ equity $ 14,121 $ 14,987

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