Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.3.1.900
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 6,113 $ 6,136
Accounts receivable, net 2,741 1,517
Inventories, net 1,613 1,402
Prepaid expenses and other current assets 672 592
Total current assets 11,139 9,647
Property and equipment, net 892 795
Long-term investment 0 4,538
Other assets 67 68
Total assets 12,098 15,048
Current liabilities:    
Accounts payable 1,464 932
Accrued expenses and other current liabilities 872 782
Deferred revenue 456 769
Current portion of long-term debt 0 87
Derivative liabilities 1 11
Total current liabilities 2,793 2,581
Deferred revenue, less current portion 187 413
Total liabilities 2,980 2,994
Stockholders' Equity    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized, none issued and outstanding at December 31, 2015 and March 31, 2015, respectively 0 0
Common stock, $0.0001 par value; 60,000,000 and 30,000,000 shares authorized at December 31, 2015 and March 31, 2015, respectively, 17,342,037 and 15,045,080 shares issued and outstanding at December 31, 2015 and March 31, 2015, respectively (Note 7) 2 2
Additional paid-in capital 162,480 157,772
Accumulated deficit (149,465) (142,213)
Accumulated other comprehensive loss (3,899) (3,507)
Total stockholders' equity 9,118 12,054
Total liabilities and stockholders' equity $ 12,098 $ 15,048