Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 4,970 $ 7,469
Accounts receivable, net 2,593 2,274
Inventories, net 1,992 1,640
Prepaid expenses and other current assets 942 1,505
Total current assets 10,497 12,888
Property and equipment, net 764 850
Other assets 59 65
Total assets 11,320 13,803
Current liabilities:    
Accounts payable 1,368 1,337
Accrued expenses and other current liabilities 1,442 1,526
Deferred revenue 656 574
Current portion of long-term debt 66 114
Total current liabilities 3,532 3,551
Deferred revenue, less current portion 38 112
Total liabilities 3,570 3,663
Commitments and Contingencies (Note 5)
Stockholders' Equity    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized, none issued and outstanding at June 30, 2016 and March 31, 2016, respectively 0 0
Common stock, $0.0001 par value; 12,000,000 shares authorized at June 30, 2016 and March 31, 2016, 4,200,756 (unaudited) and 4,196,873 shares issued and outstanding at June 30, 2016 and March 31, 2016, respectively (Note 6) 1 1
Additional paid-in capital 166,779 166,368
Accumulated deficit (154,943) (152,375)
Accumulated other comprehensive loss (4,087) (3,854)
Total stockholders' equity 7,750 10,140
Total liabilities and stockholders' equity $ 11,320 $ 13,803