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
Dec. 31, 2011
Mar. 31, 2011
Current Assets:    
Cash and cash equivalents $ 22,871 $ 33,456
Accounts receivable, net of allowance for doubtful accounts of $2,279 at December 31, 2011 and $212 at March 31, 2011 25,753 19,329
Inventories 25,227 19,267
Prepaid expenses and other current assets 2,069 2,369
Total current assets 75,920 74,421
Property, plant and equipment, net 5,007 5,939
Non-current portion of inventories 1,473 1,454
Intangible assets, net 2,976 3,574
Restricted cash   1,250
Other assets 476 381
Total 85,852 87,019
Current Liabilities:    
Accounts payable and accrued expenses 24,034 20,292
Accrued salaries and wages 1,669 1,555
Accrued warranty reserve 1,413 1,081
Deferred revenue 2,814 1,153
Revolving credit facility 12,911 7,080
Current portion of notes payable and capital lease obligations 543 214
Warrant liability 1,363 20,772
Total current liabilities 44,747 52,147
Long-term portion of notes payable and capital lease obligations 59 83
Other long-term liabilities 282 309
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; 274,961,652 shares issued and 273,979,513 shares outstanding at December 31, 2011; 259,544,911 shares issued and 258,595,291 shares outstanding at March 31, 2011 275 260
Additional paid-in capital 764,736 747,962
Accumulated deficit (723,098) (712,648)
Treasury stock, at cost; 982,139 shares at December 31, 2011 and 949,620 shares at March 31, 2011 (1,149) (1,094)
Total stockholders' equity 40,764 34,480
Total $ 85,852 $ 87,019