Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash Flows from Operating Activities:    
Net loss $ (18,433) $ (10,450)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,208 2,495
Amortization of deferred financing costs 92 142
Provision for allowance for doubtful accounts 518 2,106
Inventory write-down 926 977
Provision for warranty expenses 4,438 3,129
Loss on disposal of equipment 2 2
Stock-based compensation 1,177 1,266
Change in fair value of warrant liability (755) (13,437)
Changes in operating assets and liabilities:    
Accounts receivable (1,240) (8,530)
Inventories (4,084) (6,956)
Prepaid expenses and other current assets (193) 693
Accounts payable and accrued expenses 1,573 3,645
Accrued salaries and wages and long term liabilities 290 87
Accrued warranty reserve (3,554) (2,797)
Deferred revenue 3,560 1,661
Net cash used in operating activities (13,475) (25,967)
Cash Flows from Investing Activities:    
Expenditures for property and equipment (876) (865)
Changes in restricted cash   1,250
Net cash provided by (used in) investing activities (876) 385
Cash Flows from Financing Activities:    
Net proceeds from revolving credit facility 2,390 5,831
Repayment of notes payable and capital lease obligations (309) (330)
Net cash used in employee stock-based transactions (29) (22)
Proceeds from exercise of common stock warrants 4,260 9,518
Net cash provided by financing activities 6,312 14,997
Net decrease in Cash and Cash Equivalents (8,039) (10,585)
Cash and Cash Equivalents, Beginning of Period 49,952 33,456
Cash and Cash Equivalents, End of Period 41,913 22,871
Cash paid during the period for:    
Interest 440 485
Income taxes 586  
Supplemental Disclosures of Non-Cash Information:    
Accrued purchases of property and equipment included in accounts payable 16 175
Insurance contracts financed by notes payable $ 476 $ 635