Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Mar. 31, 2012
Current Assets:    
Cash and cash equivalents $ 45,117 $ 49,952
Accounts receivable, net of allowance for doubtful accounts of $2,643 at June 30, 2012 and $2,228 at March 31, 2012 18,453 18,576
Inventories 20,086 18,881
Prepaid expenses and other current assets 2,483 2,974
Total current assets 86,139 90,383
Property, plant and equipment, net 4,439 4,833
Non-current portion of inventories 2,466 1,313
Intangible assets, net 2,680 2,811
Other assets 442 452
Total 96,166 99,792
Current Liabilities:    
Accounts payable and accrued expenses 23,455 23,061
Accrued salaries and wages 2,146 1,716
Accrued warranty reserve 2,321 1,494
Deferred revenue 2,870 2,995
Revolving credit facility 13,010 10,431
Current portion of notes payable and capital lease obligations 190 363
Warrant liability 642 791
Total current liabilities 44,634 40,851
Long-term portion of notes payable and capital lease obligations 145 70
Other long-term liabilities 226 254
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; 300,595,265 shares issued and 299,566,614 shares outstanding at June 30, 2012; 300,315,313 shares issued and 299,317,493 shares outstanding at March 31, 2012 301 300
Additional paid-in capital 791,249 790,901
Accumulated deficit (739,187) (731,412)
Treasury stock, at cost; 1,028,651 shares at June 30, 2012 and 997,820 shares at March 31, 2012 (1,202) (1,172)
Total stockholders' equity 51,161 58,617
Total $ 96,166 $ 99,792