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
Jun. 30, 2013
Mar. 31, 2013
Current Assets:    
Cash and cash equivalents $ 21,598 $ 38,817
Accounts receivable, net of allowance for doubtful accounts of $2,159 at June 30, 2013 and $2,142 at March 31, 2013 23,677 17,941
Inventories 25,922 18,513
Prepaid expenses and other current assets 2,152 2,588
Total current assets 73,349 77,859
Property, plant and equipment, net 3,401 3,543
Non-current portion of inventories 3,076 3,252
Intangible assets, net 2,191 2,313
Other assets 337 371
Total 82,354 87,338
Current Liabilities:    
Accounts payable and accrued expenses 25,802 24,121
Accrued salaries and wages 2,176 1,721
Accrued warranty reserve 2,717 2,299
Deferred revenue 2,572 3,089
Revolving credit facility 12,755 13,476
Current portion of notes payable and capital lease obligations 221 361
Warrant liability 10 10
Total current liabilities 46,253 45,077
Long-term portion of notes payable and capital lease obligations 210 233
Other long-term liabilities 131 142
Commitments and contingencies (Note 15)      
Stockholders' Equity:    
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued      
Common stock, $.001 par value; 515,000,000 shares authorized; 305,982,536 shares issued and 304,883,615 shares outstanding at June 30, 2013; 305,661,276 shares issued and 304,622,573 shares outstanding at March 31, 2013 306 306
Additional paid-in capital 797,507 796,767
Accumulated deficit (760,773) (753,975)
Treasury stock, at cost; 1,098,921 shares at June 30, 2013 and 1,038,703 shares at March 31, 2013 (1,280) (1,212)
Total stockholders' equity 35,760 41,886
Total $ 82,354 $ 87,338