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
Sep. 30, 2012
Mar. 31, 2012
Current Assets:    
Cash and cash equivalents $ 45,217 $ 49,952
Accounts receivable, net of allowance for doubtful accounts of $2,578 at September 30, 2012 and $2,228 at March 31, 2012 15,146 18,576
Inventories 19,400 18,881
Prepaid expenses and other current assets 2,724 2,974
Total current assets 82,487 90,383
Property, plant and equipment, net 4,120 4,833
Non-current portion of inventories 3,474 1,313
Intangible assets, net 2,557 2,811
Other assets 418 452
Total 93,056 99,792
Current Liabilities:    
Accounts payable and accrued expenses 23,789 23,061
Accrued salaries and wages 1,676 1,716
Accrued warranty reserve 2,330 1,494
Deferred revenue 3,012 2,995
Revolving credit facility 11,940 10,431
Current portion of notes payable and capital lease obligations 61 363
Warrant liability 340 791
Total current liabilities 43,148 40,851
Long-term portion of notes payable and capital lease obligations 130 70
Other long-term liabilities 191 254
Commitments and contingencies (Note 14)      
Stockholders' Equity:    
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued      
Common stock, $.001 par value; 515,000,000 shares authorized, 305,389,078 shares issued and 304,360,427 shares outstanding at September 30, 2012; 415,000,000 shares authorized, 300,315,313 shares issued and 299,317,493 shares outstanding at March 31, 2012 305 300
Additional paid-in capital 795,852 790,901
Accumulated deficit (745,368) (731,412)
Treasury stock, at cost; 1,028,651 shares at September 30, 2012 and 997,820 shares at March 31, 2012 (1,202) (1,172)
Total stockholders' equity 49,587 58,617
Total $ 93,056 $ 99,792