Quarterly report pursuant to Section 13 or 15(d)

Geographical Information

v2.4.0.6
Geographical Information
 9 Months Ended
Dec. 31, 2011
Geographical Information [Abstract]  
Geographical Information
7. 
Geographical Information:

Prior to February 9, 2011, the Company operated in one segment for the manufacture, marketing and servicing of integrated circuit fabrication equipment.  Currently, the Company's sole potential source of revenue is from the project activities of Sequel Power.  The Company's chief operating decision-maker has been identified as the President and Chief Executive Officer, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company.
 
For geographical reporting, revenues are attributed to the geographic location in which the customers' facilities are located.  Long-lived assets consist of property, plant and equipment and are attributed to the geographic location in which they are located.  Net sales and long-lived assets by geographic region were as follows:

   
Revenue for the
    
Revenue for the
  
   
Three Months Ended
    
Nine Months Ended
  
   
December 31,
    
December 31,
  
   
2011
    
2010
    
2011
    
2010
  
Sales to customers located in:
                        
United States
   $ 38     $ -     $ 75     $ -  
Total sales
   $ 38     $ -     $ 75     $ -  
 
Revenues for the three and nine months ended December 31, 2011 are all part of continuing operations.  Revenues of $1,345 and $4,847 for the three and nine months ended December 31, 2010, respectively, have been reclassified to discontinued operations.

   
December 31
    
March 31
  
Long-lived assets at period-end:
  
2011
    
2011
  
Discontinued Operations:
            
United States
   $ -     $ -  
Europe
     -       -  
Continuing Operations:
                
United States
     58       112  
Total Long-lived assets
   $ 58     $ 112