Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net loss $ (2,264) $ (1,360)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation expense 253 175
Fair value adjustment of common stock warrants 0 (10)
Depreciation 20 15
Amortization of intangible assets 104 105
Accrued interest on convertible promissory note (17) (17)
Deferred taxes (41) (41)
Accrued interest on promissory note payable 8 3
Changes in operating assets and liabilities:    
Accounts receivable 75 0
Prepaid expenses and other current assets 88 (8)
Deferred financing costs 132 0
Accounts payable and accrued expenses 20 19
Accrued compensation (7) 21
Deferred revenue (15) 0
Current assets and liabilities from discontinued operations, net (5) (139)
Net cash used in operating activities (1,649) (1,237)
Cash flows from investing activities:    
Acquisition of property and equipment (17) (11)
Net cash used in investing activities (17) (11)
Cash flows from financing activities:    
Proceeds from at-the-market facility 23 0
Proceeds from sale of common stock, net of expenses of $480 1,347 0
Net cash provided by financing activities 1,370 0
Net decrease in cash and cash equivalents (296) (1,248)
Cash and cash equivalents, beginning 1,430 [1] 4,039
Cash and cash equivalents, ending $ 1,134 $ 2,791
[1] Derived from the Company's audited consolidated financial statements.