Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 16,884 $ 20,869
Accounts receivable (net of allowance of $100 at both March 31, 2021 and 2020) 4,492 4,047
Inventories 4,939 6,807
Prepaid expenses and other current assets 1,352 1,298
Total current assets 27,667 33,021
Non-current assets:    
Land, property and equipment, gross 7,694 7,987
Less accumulated depreciation and amortization (6,779) (6,911)
Land, property and equipment, net 915 1,076
Intangible assets, net 1,142 2,728
Right-of-use assets on operating leases, net 2,448 628
Other non-current assets 80 73
Total assets 32,252 37,526
Current liabilities:    
Accounts payable 1,920 1,065
Accrued expenses 3,365 3,136
Deferred revenue 874 1,099
Total current liabilities 6,159 5,300
Note payable - non-current 1,637 0
Deferred revenue non-current 105 221
Lease liabilities non-current 1,896 250
Other non-current liabilities 296 94
Total liabilities 10,093 5,865
Commitments and contingencies (see Note 8)
Stockholders’ equity:    
Preferred Stock, Value, Issued 0 0
Additional paid-in capital 420,142 419,630
Treasury Stock, Value (44,559) (37,326)
Accumulated deficit (353,534) (350,800)
Total stockholders’ equity 22,159 31,661
Total liabilities and stockholders’ equity 32,252 37,526
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock, value 75 122
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock, value $ 35 $ 35