Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income/(loss) $ (1,429) $ (3,130)
Adjustments to reconcile net income/(loss) to net cash (used in)/provided by operating activities:    
Stock compensation expense 175 389
Stock issued under stock purchase plan 0 1
Fair value adjustment of common stock warrants EITF 07-05 (Topic 815) (7) (337)
Depreciation and amortization - continuing operations 9 180
Depreciation and amortization - discontinued operations 0 449
Inventory Impairment 0 398
Net gain on sale of intangible asset - discontinued operations (2,930) 0
Provision for doubtful accounts and sales returns allowances - discontinued operations (71) (253)
Intangible assets - discontinued operations 0 1,230
Loss on disposal of property and equipment - continuing operations 51 0
Loss on disposal of property and equipment - discontinuing operations 0 37
Gain on proceeds received from contingent payments - discontinued operations (445) 0
Interest earned on note receivable (12) 0
Gain on asset disposition - SPTS - discontinued operations 0 (506)
Change in value of unconsolidated affiliate 669 179
Impairment of unconsolidated affiliate 1,377 0
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 8 84
Accounts payable (261) (196)
Accrued expenses and other current liabilities 197 (1)
Current assets and liabilities from discontinued operations (439) 1,402
Net cash (used in)/provided by operating activities (3,108) (74)
Cash flows from investing activities:    
Acquisition of property and equipment - continuing operations (4) (65)
Net proceeds received from sale of intangible asset - discontinued operations 2,930 0
Net cash received on OEM asset disposition - discontinued operations 502 1,250
Net unrestricted cash received on SPTS asset disposition - discontinued operations 0 1,600
Net cash, restricted, received on SPTS asset disposition - discontinued operations 200 (200)
Purchase of interest of unconsolidated affiliate 0 (2,000)
Issuance of note receivable (300) 0
Net cash provided by investing activities: 3,328 585
Cash flows from financing activities:    
Net cash used in financing activities 0 0
Effect of exchange rates on cash and cash equivalents 25 (234)
Net increase in cash and cash equivalents 245 277
Cash and cash equivalents at beginning of period 7,575 7,298
Cash and cash equivalents at end of period $ 7,820 $ 7,575
Supplemental disclosure of non-cash activities:    
Warrants issued in purchase of interest in consolidated affiliate 0 230