Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 21,778 $ 19,169
Short-term investments 0 10,555
Accounts receivable (net of allowance of $90 and $53 at March 31, 2017 and 2016, respectively) 12,075 16,361
Inventories 12,511 13,498
Prepaid expenses and other current assets 1,409 1,900
Total current assets 47,773 61,483
Non-current assets:    
Land, property and equipment, gross 16,062 17,198
Less accumulated depreciation and amortization (14,078) (13,221)
Land, property and equipment, net 1,984 3,977
Intangible assets, net 15,624 20,388
Other non-current assets 160 183
Total assets 65,541 86,031
Current liabilities:    
Accounts payable 4,163 7,856
Accrued expenses 4,273 6,243
Accrued restructuring 1,171 1,537
Deferred revenue 2,359 1,601
Total current liabilities 11,966 17,237
Deferred revenue non-current 1,102 1,236
Net deferred income tax liability 0 10
Accrued restructuring non-current 63 550
Other non-current liabilities 236 314
Total liabilities 13,367 19,347
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 415,957 414,374
Treasury stock at cost – 17,762,401 and 17,560,758 shares at March 31, 2017 and 2016, respectively (35,335) (35,174)
Cumulative translation adjustment 608 608
Accumulated deficit (329,676) (313,735)
Total stockholders’ equity 52,174 66,684
Total liabilities and stockholders’ equity 65,541 86,031
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock, value 481 472
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock, value $ 139 $ 139