Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
Current Assets:    
Cash and cash equivalents $ 22,415 $ 32,221
Restricted cash 5,000  
Accounts receivable, net of allowances of $10,631 at June 30, 2015 and $11,041 at March 31, 2015 15,986 13,120
Inventories 24,157 23,097
Prepaid expenses and other current assets 2,840 3,063
Total current assets 70,398 71,501
Property, plant and equipment, net 4,141 3,523
Non-current portion of inventories 2,273 2,258
Intangible assets, net 1,268 1,337
Other assets 289 308
Total 78,369 78,927
Current Liabilities:    
Accounts payable and accrued expenses 23,440 22,266
Accrued salaries and wages 2,710 2,113
Accrued warranty reserve 3,037 3,183
Deferred revenue 3,312 3,051
Revolving credit facility 16,155 12,953
Current portion of notes payable and capital lease obligations 258 407
Total current liabilities 48,912 43,973
Long-term portion of notes payable and capital lease obligations 128 89
Other long-term liabilities $ 178 $ 161
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, 332,060,169 shares issued and 330,722,002 shares outstanding at June 30, 2015; 311,635,840 shares issued and 330,379,962 shares outstanding at March 31, 2015 $ 332 $ 332
Additional paid-in capital 838,119 837,650
Accumulated deficit (807,739) (801,764)
Treasury stock, at cost; 1,338,167 shares at June 30, 2015 and 1,255,878 shares at March 31, 2015 (1,561) (1,514)
Total stockholders' equity 29,151 34,704
Total $ 78,369 $ 78,927