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, 2013
Mar. 31, 2013
Current Assets:    
Cash and cash equivalents $ 28,267 $ 38,817
Accounts receivable, net of allowance for doubtful accounts of $2,382 at September 30, 2013 and $2,142 at March 31, 2013 18,402 17,941
Inventories 20,830 18,513
Prepaid expenses and other current assets 2,456 2,588
Total current assets 69,955 77,859
Property, plant and equipment, net 3,177 3,543
Non-current portion of inventories 2,980 3,252
Intangible assets, net 2,043 2,313
Other assets 313 371
Total 78,468 87,338
Current Liabilities:    
Accounts payable and accrued expenses 26,777 24,121
Accrued salaries and wages 1,903 1,721
Accrued warranty reserve 2,382 2,299
Deferred revenue 2,909 3,089
Revolving credit facility 11,796 13,476
Current portion of notes payable and capital lease obligations 131 361
Warrant liability   10
Total current liabilities 45,898 45,077
Long-term portion of notes payable and capital lease obligations 185 233
Other long-term liabilities 112 142
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, 306,341,011 shares issued and 305,197,737 shares outstanding at September 30, 2013; 305,661,276 shares issued and 304,622,573 shares outstanding at March 31, 2013 306 306
Additional paid-in capital 797,958 796,767
Accumulated deficit (764,661) (753,975)
Treasury stock, at cost; 1,143,274 shares at September 30, 2013 and 1,038,703 shares at March 31, 2013 (1,330) (1,212)
Total stockholders' equity 32,273 41,886
Total $ 78,468 $ 87,338