Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.3.0.814
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income (loss) (1) [1] $ (3,866) $ (2,818)
Reconciliation of net loss to net cash used in operating activities:    
Depreciation and amortization 1,696 1,806
Stock-based compensation 457 554
Restructuring 17 57
Deferred taxes 110  
Exchange rate loss (6) (27)
Changes in assets and liabilities:    
Accounts receivable (2,607) (1,075)
Inventories 1,420 993
Prepaid expenses and other current assets (132) (269)
Other assets 56 40
Deferred revenue (275) (425)
Accounts payable and accrued expenses 1,906 1,219
Accrued compensation 615 (2,574)
Net cash provided by (used in) operating activities (609) (2,519)
Cash flows from investing activities:    
Maturities of held-to-maturity short-term debt securities 7,431 6,440
Maturities of other short-term investments 2,134 0
Purchases of held-to-maturity short-term debt securities (1,730) (3,239)
Purchases of other short-term investments 0 (745)
Proceeds from Sale of Property Held-for-sale 264  
Purchases of property and equipment (455) (723)
Acquisitions, net of cash acquired 0 (304)
Net cash provided by (used in) investing activities 7,644 1,429
Cash flows from financing activities:    
Purchases of treasury stock (49) (585)
Proceeds from stock options exercised 0 130
Payment of contingent consideration (167) (575)
Net cash provided by (used in) financing activities (216) (1,030)
Gain (loss) of exchange rate changes on cash 2 16
Net increase (decrease) in cash and cash equivalents 6,821 (2,104)
Cash and cash equivalents, beginning of period 14,026 35,793
Cash and cash equivalents, end of period $ 20,847 $ 33,689
[1] Net income (loss) and comprehensive income (loss) are the same for the periods reported.