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, 2012
Mar. 31, 2012
Current Assets:    
Cash and cash equivalents $ 41,913 $ 49,952
Accounts receivable, net of allowance for doubtful accounts of $2,519 at December 31, 2012 and $2,228 at March 31, 2012 19,298 18,576
Inventories 19,963 18,881
Prepaid expenses and other current assets 3,550 2,974
Total current assets 84,724 90,383
Property, plant and equipment, net 3,720 4,833
Non-current portion of inventories 3,389 1,313
Intangible assets, net 2,435 2,811
Other assets 394 452
Total 94,662 99,792
Current Liabilities:    
Accounts payable and accrued expenses 24,463 23,061
Accrued salaries and wages 2,108 1,716
Accrued warranty reserve 2,378 1,494
Deferred revenue 6,555 2,995
Revolving credit facility 12,821 10,431
Current portion of notes payable and capital lease obligations 446 363
Warrant liability 36 791
Total current liabilities 48,807 40,851
Long-term portion of notes payable and capital lease obligations 111 70
Other long-term liabilities 152 254
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, 305,605,031 shares issued and 304,566,328 shares outstanding at December 31, 2012; 415,000,000 shares authorized, 300,315,313 shares issued and 299,317,493 shares outstanding at March 31, 2012 306 300
Additional paid-in capital 796,343 790,901
Accumulated deficit (749,845) (731,412)
Treasury stock, at cost; 1,038,703 shares at December 31, 2012 and 997,820 shares at March 31, 2012 (1,212) (1,172)
Total stockholders' equity 45,592 58,617
Total $ 94,662 $ 99,792