Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]    
Revenue $ 498 $ 658
Cost of revenue 72 158
Gross profit 426 500
Operating expenses:    
Engineering 2,087 1,714
Research and development 85 284
Sales and marketing 293 271
General and administrative 2,828 1,819
Intangible asset impairment 571 0
Total operating expenses 5,864 4,088
Operating loss (5,438) (3,588)
Other income (expense), net (27) 40
Loss before income tax benefit (5,465) (3,548)
Income tax benefit (301) (79)
Loss from continuing operations (5,164) (3,469)
Gain on sale of discontinued operations, net of taxes 0 267
(Loss) income from discontinued operations, net of taxes 0 (112)
Net income from discontinued operations, net of taxes 0 155
Net loss $ (5,164) $ (3,314)
Net loss per share from continuing operations:    
Basic and diluted (in dollars per share) $ (1.52) $ (1.77)
Net income per share from discontinued operations:    
Basic and diluted (in dollars per share) 0 0.08
Net loss per share:    
Basic and diluted (in dollars per share) $ (1.52) $ (1.69)
Weighted-average shares used in per share computation:    
Basic and diluted (in shares) 3,387 1,965