Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.19.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
Current Assets:    
Cash and cash equivalents $ 24,612 $ 29,727
Accounts receivable, net of allowances of $5,468 at June 30, 2019 and $5,298 at March 31, 2019 14,820 16,222
Inventories, net 20,481 20,343
Prepaid expenses and other current assets 4,407 3,818
Total current assets 64,320 70,110
Property, plant, equipment and rental assets, net 6,048 5,291
Non-current portion of inventories 1,407 1,403
Intangible assets, net 131 187
Other assets 8,492 2,972
Total assets 80,398 79,963
Current Liabilities:    
Accounts payable and accrued expenses 15,252 16,638
Accrued salaries and wages 1,360 1,637
Accrued warranty reserve 2,448 2,614
Deferred revenue 7,766 7,167
Current portion of notes payable and lease obligations 1,181 31
Total current liabilities 28,007 28,087
Deferred revenue - non-current 1,121 1,069
Term note payable, net 27,389 27,099
Long-term portion of notes payable and lease obligations 4,836 212
Other long-term liabilities   342
Total liabilities 61,353 56,809
Commitments and contingencies (Note 13)
Stockholders' Equity:    
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued
Common stock, $.001 par value; 515,000,000 shares authorized, 73,407,734 shares issued and 73,144,573 shares outstanding at June 30, 2019; 71,971,586 shares issued and 71,709,203 shares outstanding at March 31, 2019 73 72
Additional paid-in capital 905,221 903,738
Accumulated deficit (884,477) (878,884)
Treasury stock, at cost; 263,162 shares at June 30, 2019 and 262,383 shares at March 31, 2019 (1,772) (1,772)
Total stockholders' equity 19,045 23,154
Total liabilities and stockholders' equity $ 80,398 $ 79,963