Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Mar. 31, 2011
ASSETS    
Cash and cash equivalents $ 3,622 $ 4,371
Accounts receivable, net 2,074 2,094
Inventories, net 887 733
Prepaid expenses and other current assets 339 611
Total current assets 6,922 7,809
Property and equipment, net 722 802
Other assets 119 53
Total assets 7,763 8,664
LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY    
Accounts payable 605 669
Accrued expenses and other current liabilities 736 694
Deferred revenue 1,895 1,808
Current portion of long-term debt, net of debt discount of $504 and $237 at September 30, 2011 and March 31, 2011, respectively 852 907
Derivative liability 119 337
Total current liabilities 4,207 4,415
Deferred revenue 147 160
Long-term debt, net of debt discount of $1,005 and $354 at September 30, 2011 and March 31, 2011, respectively, less current portion 1,701 1,638
Put warrant liability 1,844 750
Total liabilities 7,899 6,963
Commitments and Contingencies    
Stockholders' (Deficit) Equity:    
Common stock, $0.0001 par value; 100,000,000 shares authorized, 26,857,200 and 26,576,302 shares issued and outstanding at September 30, 2011 (unaudited) and March 31, 2011, respectively 3 3
Additional paid-in capital 130,935 129,584
Accumulated other comprehensive loss (3,075) (2,901)
Accumulated deficit (127,999) (124,985)
Total stockholders' (deficit) equity (136) 1,701
Total liabilities and stockholders' (deficit) equity 7,763 8,664
Convertible Preferred Stock
    
Stockholders' (Deficit) Equity:    
Convertible preferred stock, $0.0001 par value; 5,000,000 shares authorized, no shares issued and outstanding at September 30, 2011 (unaudited) and March 31, 2011 $ 0 $ 0