Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 21,917 $ 20,869
Accounts receivable (net of allowance of $100 at June 30, 2020, and March 31, 2020) 4,899 4,047
Inventories 7,354 6,807
Prepaid expenses and other current assets 916 1,298
Total current assets 35,086 33,021
Land, property and equipment, gross 8,010 7,987
Less accumulated depreciation and amortization (6,982) (6,911)
Land, property and equipment, net 1,028 1,076
Intangible assets, net 2,463 2,728
Right-of-use assets on operating leases, net 2,771 628
Other non-current assets 114 73
Total assets 41,462 37,526
Current liabilities:    
Accounts payable 2,247 1,065
Accrued expenses 3,028 3,136
Deferred revenue 955 1,099
NotesPayableSBAPPPLoanCurrent 723  
Total current liabilities 6,953 5,300
NotesPayableSBAPPPLoanNoncurrent 917  
Deferred revenue non-current 185 221
Lease liabilities non-current 2,226 250
Other non-current liabilities 225 94
Total liabilities 10,506 5,865
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, par $0.01, Authorized - 1,000,000 shares. Issued and outstanding - none 0 0
Additional paid-in capital 419,790 419,630
Treasury stock at cost – 5,270,620 and 5,215,453 shares at June 30, 2020, and March 31, 2020, respectively (37,367) (37,326)
Accumulated deficit (351,625) (350,800)
Total stockholders’ equity 30,956 31,661
Total liabilities and stockholders’ equity 41,462 37,526
Class A Common Stock    
Stockholders’ equity:    
Common stock, value 123 122
Class B Common Stock    
Stockholders’ equity:    
Common stock, value $ 35 $ 35