Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]    
Revenue - related party $ 100 $ 16
Operating expenses:    
General and administrative expenses 2,615 1,883
Total operating expenses 2,615 1,883
Operating loss (2,515) (1,867)
Equity in earnings (loss) and impairment of unconsolidated affiliate (2,046) (179)
Other income/(expense), net 18 337
Loss before income tax benefit (4,543) (1,709)
Income tax expense (benefit) expense 0 0
Loss from continuing operations (4,543) (1,709)
Gain on sale of discontinued operations 2,930 506
Income (loss) from discontinued operations, net of taxes 184 (1,927)
Income (loss) from discontinued operations 3,114 (1,421)
Net income/(loss) (1,429) (3,130)
Other Comprehensive Income, Other, Net of Tax 25 (18)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ 1,404 $ (3,148)
Net loss per share from continuing operations:    
Basic and diluted (in dollars per share) $ (2.69) $ (1.01)
Net income/(loss) income per share from discontinued operations:    
Basic and diluted (in dollars per share) $ 1.84 $ (0.84)
Net income/(loss) per share:    
Basic and diluted (in dollars per share) $ (0.85) $ (1.85)
Weighted average shares used in per share computation:    
Basic and diluted (in shares) 1,689 1,689