Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment [Table Text Block]

The following table shows estimated useful lives of property and equipment, as follows:



Machinery and equipment	5	-	7 years
Office, computer and research equipment	2	-	5 years

Schedule of Inventory, Current [Table Text Block]

Inventories are stated at the lower of first-in, first-out (“FIFO”) cost or market value. The components of inventories are as follows:



	March 31,
(in thousands)	2013			2012
Raw material	$	7,021		$	5,290
Finished goods	7,234			6,095
Reserve for excess and obsolete inventory and net realizable value	(2,032		)	(1,479		)
Total inventories	$	12,223		$	9,906

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References + Details