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, 2014
Mar. 31, 2014
Current Assets:    
Cash and cash equivalents $ 40,793 $ 27,859
Accounts receivable, net of allowances of $5,326 at September 30, 2014 and $2,246 at March 31, 2014 23,216 28,019
Inventories 19,125 18,102
Prepaid expenses and other current assets 3,102 2,217
Total current assets 86,236 76,197
Property, plant and equipment, net 3,327 2,891
Non-current portion of inventories 2,836 2,938
Intangible assets, net 1,545 1,790
Other assets 304 302
Total 94,248 84,118
Current Liabilities:    
Accounts payable and accrued expenses 21,225 28,577
Accrued salaries and wages 1,910 1,883
Accrued warranty reserve 2,882 2,965
Deferred revenue 3,741 2,657
Revolving credit facility 12,196 13,228
Current portion of notes payable and capital lease obligations 173 444
Total current liabilities 42,127 49,754
Long-term portion of notes payable and capital lease obligations 167 201
Other long-term liabilities 48 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; 331,471,768 shares issued and 330,215,890 shares outstanding at September 30, 2014; 311,520,567 shares issued and 310,377,293 shares outstanding at March 31, 2014 331 312
Additional paid-in capital 836,620 805,342
Accumulated deficit (783,531) (770,231)
Treasury stock, at cost; 1,255,878 shares at September 30, 2014 and 1,143,274 shares at March 31, 2014 (1,514) (1,330)
Total stockholders' equity 51,906 34,093
Total $ 94,248 $ 84,118