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, 2018
Mar. 31, 2018
Current Assets:    
Cash and cash equivalents $ 13,569 $ 14,408
Restricted cash 6,000 5,000
Accounts receivable, net of allowances of $5,677 at June 30, 2018 and $5,744 at March 31, 2018 15,886 15,968
Inventories, net 16,055 15,633
Prepaid expenses and other current assets 5,018 2,803
Total current assets 56,528 53,812
Property, plant and equipment, net 2,788 2,859
Non-current portion of inventories 1,103 1,041
Intangible assets, net 355 411
Other assets 315 250
Total assets 61,089 58,373
Current Liabilities:    
Accounts payable and accrued expenses 13,560 13,503
Accrued salaries and wages 1,334 1,588
Accrued warranty reserve 1,861 1,682
Deferred revenue 6,529 6,596
Revolving credit facility 10,024 8,527
Current portion of notes payable and capital lease obligations 77 192
Total current liabilities 33,385 32,088
Deferred revenue - non-current 1,121  
Long-term portion of notes payable and capital lease obligations 121 130
Other long-term liabilities 403 396
Total liabilities 35,030 32,614
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, 64,340,430 shares issued and 64,192,796 shares outstanding at June 30, 2018; 57,062,598 shares issued and 56,916,646 shares outstanding at March 31, 2018 64 57
Additional paid-in capital 894,777 889,585
Accumulated deficit (867,121) (862,225)
Treasury stock, at cost; 147,634 shares at June 30, 2018 and 145,952 shares at March 31, 2018 (1,661) (1,658)
Total stockholders' equity 26,059 25,759
Total liabilities and stockholders' equity $ 61,089 $ 58,373