Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 25,457 $ 24,963
Short-term investments 0 2,779
Accounts receivable (net of allowance of $100 and $95 at March 31, 2019 and 2018, respectively) 6,865 8,872
Inventories 9,801 9,222
Prepaid expenses and other current assets 1,706 816
Total current assets 43,829 46,652
Non-current assets:    
Land, property and equipment, gross 8,109 8,381
Less accumulated depreciation and amortization (6,811) (6,780)
Land, property and equipment, net 1,298 1,601
Intangible assets, net 3,278 11,435
Other non-current assets 492 771
Total assets 48,897 60,459
Current liabilities:    
Accounts payable 2,313 1,903
Accrued expenses 3,567 3,280
Accrued restructuring   63
Deferred revenue 1,217 1,790
Total current liabilities 7,097 7,036
Deferred revenue non-current 444 846
Other non-current liabilities 176 282
Total liabilities 7,717 8,164
Commitments and contingencies (see Note 5)
Stockholders’ equity:    
Preferred stock, par $0.01, Authorized – 1,000,000 shares Issued and outstanding – none 0 0
Additional paid-in capital 418,859 417,691
Treasury stock at cost – 5,122,414 and 4,633,871 shares at March 31, 2019 and 2018, respectively (37,135) (35,907)
Accumulated deficit (340,698) (329,645)
Total stockholders’ equity 41,180 52,295
Total liabilities and stockholders’ equity 48,897 60,459
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock, value 119 121
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock, value $ 35 $ 35