Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Mar. 31, 2012
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 4,399 $ 3,351
Accounts receivable, net 3,272 2,151
Inventory, net 818 953
Prepaid expenses and other current assets 380 505
Total current assets 8,869 6,960
Property and equipment, net 753 806
Other assets 71 72
Total assets 9,693 7,838
Accounts payable 692 816
Accrued expenses and other current liabilities 826 844
Deferred revenue 1,629 1,619
Current portion of long-term debt, net of debt discount of $641 and $624 at June 30, 2012 (unaudited) and March 31, 2012, respectively 1,481 1,415
Derivative liability 1,155 55
Total current liabilities 5,783 4,749
Deferred revenue 126 133
Long-term debt, net of debt discount of $602 and $769 at June 30, 2012 (unaudited) and March 31, 2012, respectively, less current portion 1,442 1,824
Put warrant liability 2,000 2,000
Total liabilities 9,351 8,706
Convertible preferred stock, $0.0001 par value; 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2012 (unaudited) and March 31, 2012      
Common stock, $0.0001 par value; 100,000,000 shares authorized, 32,553,662 and 29,007,903 shares issued and outstanding at June 30, 2012 (unaudited) and March 31, 2012, respectively 3 3
Additional paid-in capital 135,381 134,496
Accumulated other comprehensive loss (3,173) (3,053)
Accumulated deficit (131,869) (132,314)
Total stockholders' equity (deficiency) 342 (868)
Total liabilities and stockholders' equity (deficiency) $ 9,693 $ 7,838