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
Current Assets:    
Cash and cash equivalents $ 20,335 $ 33,456
Accounts receivable, net of allowance for doubtful accounts of $411 at September 30, 2011 and $212 at March 31, 2011 23,212 19,329
Inventories 23,460 19,267
Prepaid expenses and other current assets 1,877 2,369
Total current assets 68,884 74,421
Property, plant and equipment, net 5,307 5,939
Non-current portion of inventories 1,271 1,454
Intangible assets, net 3,175 3,574
Restricted cash   1,250
Other assets 454 381
Total 79,091 87,019
Current Liabilities:    
Accounts payable and accrued expenses 19,750 20,292
Accrued salaries and wages 1,592 1,555
Accrued warranty reserve 1,499 1,081
Deferred revenue 2,205 1,153
Revolving credit facility 12,335 7,080
Current portion of notes payable and capital lease obligations 33 214
Warrant liability 5,854 20,772
Total current liabilities 43,268 52,147
Long-term portion of notes payable and capital lease obligations 67 83
Other long-term liabilities 298 309
Commitments and contingencies (Note 14)    
Stockholders' Equity:    
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued    
Common stock, $.001 par value; 415,000,000 shares authorized; 260,608,146 shares issued and 259,633,056 shares outstanding at September 30, 2011; 259,544,911 shares issued and 258,595,291 shares outstanding at March 31, 2011 261 260
Additional paid-in capital 750,618 747,962
Accumulated deficit (714,280) (712,648)
Treasury stock, at cost; 975,090 shares at September 30, 2011 and 949,620 shares at March 31, 2011 (1,141) (1,094)
Total stockholders' equity 35,458 34,480
Total $ 79,091 $ 87,019