Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (2,301) $ (2,264)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation expense 68 253
Depreciation 21 20
Loss on disposal of property and equipment 4 0
Amortization of intangible assets 103 104
Accrued interest on convertible note receivable 0 (17)
Deferred taxes (40) (41)
Accrued interest on promissory note payable (29) 8
Changes in operating assets and liabilities:    
Accounts receivable 48 75
Prepaid expenses and other current assets (17) 88
Deferred financing costs 0 132
Accounts payable and accrued expenses (232) 13
Deferred revenue 40 (15)
Current assets and liabilities from discontinued operations, net 0 (5)
Net cash used in operating activities (2,335) (1,649)
Cash flows from investing activities:    
Acquisition of property and equipment (16) (17)
Net cash used in investing activities (16) (17)
Cash flows from financing activities:    
Payment on promissory note payable (167) 0
Proceeds from at-the-market facility 0 23
Proceeds from sale of common stock, net of expenses of $480 0 1,347
Net cash provided by financing activities (167) 1,370
Net cash decrease in cash and cash equivalents (2,518) (296)
Cash and cash equivalents, beginning 7,521 [1] 1,430
Cash and cash equivalents, ending 5,003 1,134
Supplemental disclosure of non-cash activities:    
Unrealized gain on available-for-sale investments 460 0
Interest Paid 41 0
Over accrued financing costs $ 9 $ 0
[1] Derived from the Company's audited consolidated financial statements.