Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

Discontinued Operations (Tables)

9 Months Ended

Dec. 31, 2013

Assets and Liabilities of Discontinued Operations Presented Separately

During the preceding fiscal quarter, the Company recognized a net cash gain of $267 in discontinued operations as a result of the sale of the last two patent lots for approximately $365. At that time, the Company also recognized $6 of income from discontinued operations. During the current quarter, the Company recognized $10 of loss from discontinued operations. With this sale, the Company has no remaining intellectual property related to discontinued operations.

	December 31,		March 31,
	2013		2013*

Assets of Discontinued Operations:
Accounts and other receivables, net of allowances for sales returns and doubtful accounts of $0	$	-	$	4
Prepaid expenses and other current assets		-		7
Total assets of discontinued operations	$	-	$	11

Liabilities of Discontinued Operations:
Accrued expenses and other current liabilities	$	6	$	16
Total liabilities of discontinued operations	$	6	$	16

* Derived from the Company’s audited consolidated financial statements.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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