Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

9 Months Ended

Dec. 31, 2013

Schedule of assets and liabilities measured at fair value on a recurring basis

The table below presents assets and liabilities that are measured at fair value on a recurring basis at December 31, 2013 and are categorized using the fair value hierarchy (in thousands):

	Fair Value Measurements at December 31, 2013
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash Equivalents	$	16,737	$	16,737	$	—	$	—

The table below presents our assets and liabilities that are measured at fair value on a recurring basis during the fiscal year ended March 31, 2013 and are categorized using the fair value hierarchy (in thousands):

	Fair Value Measurements at March 31, 2013
	Total			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash Equivalents	$	27,742		$	27,742	$	—	$	—
Warrant Liability	$	(10	)	$	—	$	—	$	(10	)

Schedule of carrying values and estimated fair values of obligations under the revolving credit facility

The carrying values and estimated fair values of these obligations are as follows (in thousands):

	As of December 31, 2013				As of March 31, 2013
	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
Obligations under the credit facility	$	13,204	$	13,204	$	13,476	$	13,476

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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