|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Jun. 30, 2012
|
Mar. 31, 2012
|
| Current assets |
|
|
| Cash and cash equivalents |
$ 8,240 |
$ 8,799 |
| Accounts receivable, net of allowances of $108 and $108, respectively |
1,019 |
1,190 |
| Prepaid expenses and other current assets |
136 |
120 |
| Total current assets |
9,395 |
10,109 |
| Property and equipment, net |
201 |
230 |
| Intangible assets, net |
759 |
817 |
| Goodwill |
3,640 |
3,640 |
| TOTAL ASSETS |
13,995 |
14,796 |
| Current liabilities |
|
|
| Accounts payable |
3,032 |
3,051 |
| Accrued license fees |
1,049 |
1,155 |
| Accrued compensation |
370 |
582 |
| Current portion of long term debt, net of discounts of $813 and $0, respectively |
2,234 |
75 |
| Warrant derivative liabilities |
|
452 |
| Other current liabilities |
553 |
705 |
| Total currrent liabilities |
7,238 |
6,020 |
| Long term debt and convertible debt, net of discounts of $980 and $2,147, respectively |
1,378 |
3,077 |
| Total liabilities |
8,616 |
9,097 |
| Commitments and contingencies (Note 16) |
|
|
| Stockholders' equity |
|
|
| Preferred stock Series A convertible preferred stock at $0.0001 par value; 100,000 shares authorized,issued and outstanding (liquidation preference of $1,000,000) |
100 |
100 |
| Common stock, $0.0001 par value: 100,000,000 shares authorized; 86,033,859 issued and 82,260,860 outstanding at June 30, 2012; 83,506,945 issued and 79,733,946 outstanding at March 31, 2012; |
7 |
7 |
| Additional paid-in capital |
135,702 |
133,300 |
| Treasury Stock (3,772,999 shares at June 30, 2012 and March 31, 2012) |
(71) |
(71) |
| Accumulated other comprehensive loss |
(163) |
(194) |
| Accumulated deficit |
(130,196) |
(127,443) |
| Total stockholders' equity |
5,379 |
5,699 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
$ 13,995 |
$ 14,796 |