Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

12 Months Ended

Mar. 31, 2018

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

The table below presents our assets and liabilities that are measured at fair value on a recurring basis during Fiscal 2018 and are categorized using the fair value hierarchy (in thousands):

Fair Value Measurements at March 31, 2018

Quoted Prices in

Significant Other

Significant

Active Markets for

Observable

Unobservable

Identical Assets

Inputs

Total

(Level 1)

(Level 2)

(Level 3)

Restricted cash

5,000

—

The table below presents our assets and liabilities that are measured at fair value on a recurring basis during Fiscal 2017 and are categorized using the fair value hierarchy (in thousands):


	Fair Value Measurements at March 31, 2017

			Quoted Prices in		Significant Other		Significant
			Active Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Cash equivalents	$	7,520	$	7,520	$	—	$	—
Restricted cash	$	5,514	$	5,514	$	—	$	—

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

March 31, 2018

March 31, 2017

Carrying

Estimated

Carrying

Estimated

Value

Fair Value

Value

Fair Value

Obligations under the credit facility

8,527

11,533

Schedule of changes to warrant liability


	Consolidated Balance Sheets
	Warrant Liability		Additional Paid-in Capital		Accumulated deficit
Balance, March 31, 2017 (Prior to adoption of ASU 2017-11)	$	2,917	$	870,457	$	(850,876)
Reclassified warrant liability	$	(4,240)	$	4,240	$	—
Reclassified unrealized gain on warrant liability	$	1,323	$	—	$	(1,323)
Balance, March 31, 2017 (After adoption of ASU 2017-11)	$	—	$	874,697	$	(852,199)