Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 27,065 $ 24,963
Short-term Investments 0 2,779
Accounts receivable (net of allowance of $70 and $95 at December 31, 2018 and March 31, 2018, respectively) 6,980 8,872
Inventories 10,163 9,222
Prepaid expenses and other current assets 1,169 816
Total current assets 45,377 46,652
Land, property and equipment, gross 8,183 8,381
Less accumulated depreciation and amortization (6,749) (6,780)
Land, property and equipment, net 1,434 1,601
Intangible assets, net 8,783 11,435
Income Taxes Receivable 697 697
Other non-current assets 63 74
Total assets 56,354 60,459
Current liabilities:    
Accounts payable 2,936 1,903
Accrued expenses 2,854 3,328
Restructuring Reserve, Current 0 63
Deferred revenue 679 1,790
Total current liabilities 6,469 7,084
Deferred revenue non-current 514 846
Other non-current liabilities 232 234
Total liabilities 7,215 8,164
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, par $0.01, Authorized - 1,000,000 shares. Issued and outstanding - none 0 0
Additional paid-in capital 418,577 417,691
Treasury stock at cost – 5,030,577 and 4,633,871 shares at December 31, 2018, and March 31, 2018, respectively (36,941) (35,907)
Accumulated deficit (332,652) (329,645)
Total stockholders’ equity 49,139 52,295
Total liabilities and stockholders’ equity 56,354 60,459
Class A Common Stock    
Stockholders’ equity:    
Common stock, value 120 121
Class B Common Stock    
Stockholders’ equity:    
Common stock, value $ 35 $ 35