Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities    
Net loss $ (788) $ (3,111)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 101 136
Stock-based compensation 907 666
Change in fair value of derivative liability (see Note 5) (2,319) 0
Loss due to change in fair value of common stock 0 210
Non-cash interest expense 0 294
Foreign currency transaction losses (gains) 15 (5)
Gain on disposal of property and equipment (13) 0
Changes in operating assets and liabilities:    
Accounts receivable, net (426) (738)
Due from affiliate 537 0
Inventories, net (188) 215
Prepaid expenses and other current assets 287 369
Accounts payable 331 225
Accrued expenses and other liabilities (158) 76
Deferred revenue (1,295) (791)
Net cash used in operating activities (3,009) (2,454)
Cash flows from investing activities:    
Purchases of property and equipment (16) (338)
Long-term deposits 39 26
Net cash provided by (used in) investing activities 23 (312)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering costs 1,213 0
Deferred offering costs 0 (780)
Principal payments on long-term debt (139) (1,138)
Net cash provided by (used in) financing activities 1,074 (1,918)
Effect of exchange rate on cash and cash equivalents (19) (26)
Net decrease in cash and cash equivalents (1,931) (4,710)
Cash and cash equivalents, beginning of year 5,480 7,900
Cash and cash equivalents, end of period 3,549 3,190
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 4 $ 143