Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

Segment Information (Tables)

12 Months Ended

Mar. 31, 2015

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment[Table Text Block]

Segment information for the fiscal years ended March 31, 2015, 2014 and 2013, is set forth below:



	Fiscal Year Ended March 31, 2015
(in thousands)	IBW			CSG			Total
Revenue	$	37,714		$	46,413		$	84,127
Gross profit	13,715			13,095			26,810
Gross margin	36.4		%	28.2		%	31.9		%
Research & development	8,955			8,393			17,348
Segment profit	$	4,760		$	4,702		9,462
Operating expenses:
Sales & marketing							12,407
General & administrative							14,678
Intangible amortization							6,377
Restructuring							3,243
Goodwill impairment							31,102
Operating income (loss)							(58,345		)
Other income (expense), net							(2		)
Income tax (expense) benefit							201
Net income (loss) from continuing operations							$	(58,146	)

	Fiscal Year Ended March 31, 2014
(in thousands)	IBW			CSG			Total
Revenue	$	13,096		$	88,977		$	102,073
Gross profit	4,161			36,300			40,461
Gross margin	31.8		%	40.8		%	39.6		%
Research & development	1,360			9,979			11,339
Segment profit	$	2,801		$	26,321		29,122
Operating expenses:
Sales & marketing							13,304
General & administrative							14,027
Intangible amortization							4,889
Restructuring							335
Operating income (loss)							(3,433		)
Other income (expense), net							(56		)
Income tax (expense) benefit							8,460
Net income (loss) from continuing operations							$	4,971



	Fiscal Year Ended March 31, 2013
(in thousands)	IBW			CSG			Total
Revenue	$	904		$	37,904		$	38,808
Gross profit	391			12,225			12,616
Gross margin	43.3		%	32.3		%	32.5		%
Research & development	305			5,623			5,928
Segment profit	$	86		$	6,602		6,688
Operating expenses:
Sales & marketing							6,783
General & administrative							9,310
Intangible amortization							887
Restructuring							149
Goodwill impairment							2,884
Operating income (loss)							(13,325		)
Other income (expense), net							175
Income tax (expense) benefit							(29,392		)
Net income (loss) from continuing operations							$	(42,542	)

Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]

Significant Customers and Concentration of Credit

The Company is dependent on certain major companies operating in telecommunications markets that represent more than 10% of the total revenue. Sales to major customers and successor companies that exceed 10% of total revenue are as follows:



	Fiscal Year Ended March 31,
	2015		2014		2013
Verizon	30.5	%	23.9	%	17.1	%
Telamon	5.8	%	30.3	%	12.4	%
Time Warner Cable	2.6	%	2.3	%	10.4	%

Schedule of Major Customer Accounts Receivable [Table Text Block]

Major companies operating in telecommunications markets comprise a significant portion of the Company’s trade receivables. Receivables from major customers that exceed 10% of total accounts receivable balance are as follows:



	Fiscal Year Ended March 31,
	2015		2014
Verizon	30.4	%	30.6	%
AT&T	12.7	%	16.7	%

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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