v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ (1,780) $ 148
Reconciliation of net loss to net cash used in operating activities:    
Depreciation and amortization 2,113 2,526
Stock-based compensation 586 672
Loss on sale of fixed assets (1) (8)
Restructuring 0 165
Gain on disposal of foreign operations 0 (608)
Exchange rate loss (gain) 1 (6)
Changes in assets and liabilities:    
Accounts receivable 1,914 1,025
Inventories (1,148) 2,528
Prepaid expenses and other current assets (315) 375
Other assets 1 73
Deferred revenue (655) [1] (1,477)
Accounts payable and accrued expenses 770 (2,306)
Net cash provided by (used in) operating activities 1,488 3,123
Cash flows from investing activities:    
Maturities of other short-term investments 2,779 0
Payments to Acquire Short-term Investments   5,011
Purchases of property and equipment (153) (254)
Net cash provided by (used in) investing activities 2,626 (5,265)
Cash flows from financing activities:    
Purchases of treasury stock (605) (456)
Net cash provided by (used in) financing activities (605) (456)
Gain (loss) of exchange rate changes on cash (1) 20
Net increase (decrease) in cash and cash equivalents 3,508 (2,578)
Cash and cash equivalents, beginning of period 24,963 21,778
Cash and cash equivalents, end of period $ 28,471 $ 19,200
[1] (1) During the quarter ended September 30, 2017, the Company dissolved the NoranTel legal entity, which triggered a one-time foreign currency gain with the reversal of a cumulative translation adjustment. See Note 1. (2) Includes the cumulative effect adjustment of the ASC 606 adoption. See Note 2.

Source