Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Mar. 31, 2013
Current assets:    
Cash and cash equivalents $ 3,424 $ 4,039 [1]
Accounts receivable 270 250 [1]
Prepaid expenses and other current assets 199 102 [1]
Other assets of discontinued operations 0 11 [1]
Total current assets 3,893 4,402 [1]
Property and equipment, net 139 142 [1]
Intangible assets, net 1,438 1,490 [1]
Goodwill 603 603 [1]
Investment in convertible promissory note 353 345 [1]
Total assets 6,426 6,982 [1]
Current liabilities:    
Accounts payable, accrued expenses and other current liabilities 208 167 [1]
Common stock warrant liability 7 10 [1]
Liabilities of discontinued operations 0 16 [1]
Total current liabilities 215 193 [1]
Deferred tax liability 561 581 [1]
Promissory note 505 504 [1]
Other long term liabilities 12 0 [1]
Total liabilities 1,293 1,278 [1]
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; none issued and outstanding 0 0 [1]
Common stock, $0.01 par value; 50,000,000 shares authorized; 1,952,960 shares issued and outstanding at June 30, 2013 and March 31, 2013, respectively 19 19 [1]
Additional paid-in capital 130,686 130,602 [1]
Accumulated other comprehensive loss 0 (142) [1]
Accumulated deficit (125,572) (124,775) [1]
Total stockholders' equity 5,133 5,704 [1]
Total liabilities and stockholders' equity $ 6,426 $ 6,982 [1]
[1] Derived from the Company's audited consolidated financial statements.