Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Revenue $ 28,812 $ 24,282
Cost of goods sold 26,643 23,775
Gross margin 2,169 507
Operating expenses:    
Research and development 2,204 2,162
Selling, general and administrative 7,448 6,640
Total operating expenses 9,652 8,802
Loss from operations (7,483) (8,295)
Other income 22 4
Interest expense (191) (231)
Change in fair value of warrant liability 149 5,626
Loss before income taxes (7,503) (2,896)
Provision for income taxes 272  
Net loss $ (7,775) $ (2,896)
Net loss per common share-basic and diluted (in dollars per share) $ (0.03) $ (0.01)
Weighted average shares used to calculate net loss per common share (in shares) 299,434 259,366