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
 3 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (1,248) $ (797)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock compensation expense 94 84
Fair value adjustment of common stock warrants 0 (3)
Depreciation 9 7
Amortization of intangible assets 52 52
Accrued interest on convertible note receivable (9) (8)
Deferred tax liability (21) (20)
Accrued interest promissory note payable 2 1
Changes in operating assets and liabilities:    
Accounts receivable 24 (20)
Prepaid expenses (34) (32)
Other current assets (29) (65)
Deferred financing costs 162 0
Accounts payable and accrued expenses 191 53
Deferred revenue 79 0
Current assets and liabilities from discontinued operations, net (5) 137
Net cash used in operating activities (733) (611)
Cash flows from investing activities:    
Acquisition of property and equipment (13) (4)
Net cash used in investing activities (13) (4)
Cash flows from financing activities:    
Proceeds from at-the-market facility 23 0
Proceeds from sale of common stock, net of expenses of $466 1,361 0
Net cash provided by financing activities 1,384 0
Net cash increase/(decrease) in cash and cash equivalents 638 (615)
Cash and cash equivalents, beginning 1,430 4,039
Cash and cash equivalents, ending $ 2,068 $ 3,424