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, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net loss $ (1,074) $ (3,014)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 136 166
Stock-based compensation 941 1,327
Change in fair value of derivative liability (850) (218)
Non-cash interest expense 303 175
Foreign currency transaction losses 7 57
Changes in operating assets and liabilities:    
Accounts receivable, net (705) (163)
Inventories, net 70 (218)
Prepaid expenses and other current assets 84 256
Accounts payable (28) (47)
Accrued expenses and other liabilities 4,408 211
Net cash provided by (used in) operating activities 3,292 (1,468)
Cash flows from investing activities:    
Changes in other assets (62) (72)
Purchases of property and equipment (143) (102)
Net cash used in investing activities (205) (174)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering costs 1,925 0
Proceeds from the issuance of convertible preferred stock, net of offering costs 907 0
Proceeds from the exercise of common stock options and warrants 16 24
Proceeds from issuance of long-term debt 0 1,500
Principal payments on long-term debt (974) (575)
Net cash provided by financing activities 1,874 949
Effect of exchange rate on cash and cash equivalents (2) (56)
Net increase (decrease) in cash and cash equivalents 4,959 (749)
Cash and cash equivalents, beginning of period 3,351 4,371
Cash and cash equivalents, end of period 8,310 3,622
Supplemental disclosure of cash flow information:    
Cash paid for interest 265 217
Non-cash financing activities:    
Debt discount in connection with long-term debt $ 0 $ 1,094