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
 3 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities:    
Net loss $ (6,798) $ (7,775)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 602 740
Amortization of deferred financing costs 56 18
Provision for allowance for doubtful accounts 25 637
Inventory write-down 316 313
Provision for warranty expenses 1,356 1,639
Loss on disposal of equipment   2
Stock-based compensation 734 338
Change in fair value of warrant liability   (149)
Changes in operating assets and liabilities:    
Accounts receivable (5,761) (514)
Inventories (7,549) (2,671)
Prepaid expenses and other current assets 505 478
Accounts payable and accrued expenses 1,610 453
Accrued salaries and wages and long term liabilities 444 402
Accrued warranty reserve (938) (812)
Deferred revenue (517) (125)
Net cash used in operating activities (15,915) (7,026)
Cash Flows from Investing Activities:    
Expenditures for property and equipment (263) (271)
Net cash used in investing activities (263) (271)
Cash Flows from Financing Activities:    
Net (repayment of) proceeds from revolving credit facility (721) 2,579
Repayment of notes payable and capital lease obligations (259) (98)
Net cash used in employee stock-based transactions (61) (19)
Net cash (used in) provided by financing activities (1,041) 2,462
Net decrease in Cash and Cash Equivalents (17,219) (4,835)
Cash and Cash Equivalents, Beginning of Period 38,817 49,952
Cash and Cash Equivalents, End of Period 21,598 45,117
Cash paid during the period for:    
Interest 146 184
Income taxes 65 272
Supplemental Disclosures of Non-Cash Information:    
Purchases of property and equipment included in accounts payable $ 92 $ 128