Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Mar. 31, 2014
Current Assets:    
Cash and cash equivalents $ 32,221us-gaap_CashAndCashEquivalentsAtCarryingValue $ 27,859us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net of allowances of $11,041 at March 31, 2015 and $2,246 at March 31, 2014 13,120us-gaap_AccountsReceivableNetCurrent 28,019us-gaap_AccountsReceivableNetCurrent
Inventories 23,097us-gaap_InventoryNet 18,102us-gaap_InventoryNet
Prepaid expenses and other current assets 3,063us-gaap_PrepaidExpenseAndOtherAssetsCurrent 2,217us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 71,501us-gaap_AssetsCurrent 76,197us-gaap_AssetsCurrent
Property, plant and equipment, net 3,523us-gaap_PropertyPlantAndEquipmentNet 2,891us-gaap_PropertyPlantAndEquipmentNet
Non-current portion of inventories 2,258us-gaap_InventoryNoncurrent 2,938us-gaap_InventoryNoncurrent
Intangible assets, net 1,337us-gaap_IntangibleAssetsNetExcludingGoodwill 1,790us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 308us-gaap_OtherAssetsNoncurrent 302us-gaap_OtherAssetsNoncurrent
Total 78,927us-gaap_Assets 84,118us-gaap_Assets
Current Liabilities:    
Accounts payable and accrued expenses 22,266us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 28,577us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Accrued salaries and wages 2,113us-gaap_EmployeeRelatedLiabilitiesCurrent 1,883us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued warranty reserve 3,183us-gaap_ProductWarrantyAccrualClassifiedCurrent 2,965us-gaap_ProductWarrantyAccrualClassifiedCurrent
Deferred revenue 3,051us-gaap_DeferredRevenueCurrent 2,657us-gaap_DeferredRevenueCurrent
Revolving credit facility 12,953us-gaap_LinesOfCreditCurrent 13,228us-gaap_LinesOfCreditCurrent
Current portion of notes payable and capital lease obligations 407us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 444us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Total current liabilities 43,973us-gaap_LiabilitiesCurrent 49,754us-gaap_LiabilitiesCurrent
Long-term portion of notes payable and capital lease obligations 89us-gaap_LongTermDebtAndCapitalLeaseObligations 201us-gaap_LongTermDebtAndCapitalLeaseObligations
Other long-term liabilities 161us-gaap_OtherLiabilitiesNoncurrent 70us-gaap_OtherLiabilitiesNoncurrent
Commitments and contingencies (Note 12)      
Stockholders' Equity:    
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued      
Common stock, $.001 par value; 515,000,000 shares authorized, 331,635,840 shares issued and 330,379,962 shares outstanding at March 31, 2015; 311,520,567 shares issued and 310,377,293 shares outstanding at March 31, 2014 332us-gaap_CommonStockValue 312us-gaap_CommonStockValue
Additional paid-in capital 837,650us-gaap_AdditionalPaidInCapitalCommonStock 805,342us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (801,764)us-gaap_RetainedEarningsAccumulatedDeficit (770,231)us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost; 1,255,878 shares at March 31, 2015 and 1,143,274 shares at March 31, 2014 (1,514)us-gaap_TreasuryStockValue (1,330)us-gaap_TreasuryStockValue
Total stockholders' equity 34,704us-gaap_StockholdersEquity 34,093us-gaap_StockholdersEquity
Total $ 78,927us-gaap_LiabilitiesAndStockholdersEquity $ 84,118us-gaap_LiabilitiesAndStockholdersEquity