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, 2014
Mar. 31, 2014
Current Assets:    
Cash and cash equivalents $ 46,695 $ 27,859
Accounts receivable, net of allowances of $2,302 at June 30, 2014 and $2,246 at March 31, 2014 24,210 28,019
Inventories 22,372 18,102
Prepaid expenses and other current assets 2,021 2,217
Total current assets 95,298 76,197
Property, plant and equipment, net 2,797 2,891
Non-current portion of inventories 3,047 2,938
Intangible assets, net 1,668 1,790
Other assets 305 302
Total 103,115 84,118
Current Liabilities:    
Accounts payable and accrued expenses 25,691 28,577
Accrued salaries and wages 2,335 1,883
Accrued warranty reserve 2,893 2,965
Deferred revenue 2,104 2,657
Revolving credit facility 11,952 13,228
Current portion of notes payable and capital lease obligations 272 444
Total current liabilities 45,247 49,754
Long-term portion of notes payable and capital lease obligations 165 201
Other long-term liabilities 50 70
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; 330,731,532 shares issued and 329,514,950 shares outstanding at June 30, 2014; 311,520,567 shares issued and 310,377,293 shares outstanding at March 31, 2014 331 312
Additional paid-in capital 835,789 805,342
Accumulated deficit (777,002) (770,231)
Treasury stock, at cost; 1,216,582 shares at June 30, 2014 and 1,143,274 shares at March 31, 2014 (1,465) (1,330)
Total stockholders' equity 57,653 34,093
Total $ 103,115 $ 84,118