Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

12 Months Ended

Mar. 31, 2018

Summary of stock-based compensation expense by statement of operations line item

The following table summarizes, by statement of operations line item, stock-based compensation expense for the fiscal years ended March 31, 2018 and 2017 (in thousands):


		Year Ended March 31,
		2018			2017
Cost of goods sold		$	52		$	65
Research and development			21			29
Selling, general and administrative			513			716
Stock-based compensation expense		$	586		$	810

Summary of stock option activity



							Weighted-
							Average
				Weighted-			Remaining		Aggregate
				Average			Contractual		Intrinsic
		Shares		Exercise Price			Term		Value
							(in years)
Options outstanding at March 31, 2017		314,537		$	15.48
Granted		—		$	—
Exercised		—		$	—
Forfeited, cancelled or expired		(102,145)		$	4.62
Options outstanding at March 31, 2018		212,392		$	20.71		2.8			—
Options fully vested at March 31, 2018 and those expected to vest beyond March 31, 2018		212,392		$	20.71		2.8			—
Options exercisable at March 31, 2018		212,392		$	20.71		2.8			—

Schedule of weighted-average assumptions used to calculate the estimated fair value of each stock option


	Year Ended March 31,
	2017
Risk-free interest rates		1.3	%
Expected lives (in years)		5.7
Dividend yield		—	%
Expected volatility		133.9	%
Weighted average grant date fair value of options granted during the period	$	1.52

Restricted stock units

Summary of restricted stock activity


				Weighted
				Average Grant
				Date Fair
Restricted Stock Units		Shares		Value
Nonvested restricted stock units outstanding at March 31, 2017		316,709		$	2.85
Granted		1,986,384			0.83
Vested and issued		(239,742)			2.65
Forfeited		(51,740)			1.73
Nonvested restricted stock units outstanding at March 31, 2018		2,011,611			0.90
Restricted stock units expected to vest beyond March 31, 2018		2,011,588		$	0.90

Schedule of additional information


		Year Ended March 31,
		2018			2017
Restricted stock compensation expense (in thousands)		$	566		$	686
Aggregate fair value of restricted stock units vested and issued (in thousands)		$	157		$	132
Weighted average grant date fair value of restricted stock units granted during the period		$	0.83		$	1.64

Restricted Stock Awards

Summary of restricted stock activity



		Year Ended March 31,
		2018			2017
Restricted stock awards compensation expense (in thousands)		$	3		$	104
Restricted stock awards granted			3,969			65,167
Weighted average grant date fair value of restricted stock awards granted during the period		$	0.63		$	1.59