Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Mar. 31, 2014
Current assets:    
Cash and cash equivalents $ 193us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,430us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
Accounts receivable 47us-gaap_AccountsReceivableNetCurrent 148us-gaap_AccountsReceivableNetCurrent [1]
Prepaid expenses and other current assets 166us-gaap_PrepaidExpenseAndOtherAssetsCurrent 183us-gaap_PrepaidExpenseAndOtherAssetsCurrent [1]
Deferred financing costs 0us-gaap_DeferredFinanceCostsNet 162us-gaap_DeferredFinanceCostsNet [1]
Investment in convertible promissory note 399us-gaap_NotesAndLoansReceivableGrossCurrent 378us-gaap_NotesAndLoansReceivableGrossCurrent [1]
Total current assets 805us-gaap_AssetsCurrent 2,301us-gaap_AssetsCurrent [1]
Property and equipment, net 117us-gaap_PropertyPlantAndEquipmentNet 130us-gaap_PropertyPlantAndEquipmentNet [1]
Intangible assets, net 1,125us-gaap_IntangibleAssetsNetExcludingGoodwill 1,281us-gaap_IntangibleAssetsNetExcludingGoodwill [1]
Goodwill 603us-gaap_Goodwill 603us-gaap_Goodwill [1]
Total assets 2,650us-gaap_Assets 4,315us-gaap_Assets [1]
Current liabilities:    
Accounts payable and accrued expenses 175us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 136us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent [1]
Accrued compensation 155us-gaap_DeferredCompensationLiabilityCurrent 119us-gaap_DeferredCompensationLiabilityCurrent [1]
Promissory note payable, current 208us-gaap_NotesPayableCurrent 0us-gaap_NotesPayableCurrent [1]
Deferred revenue 72us-gaap_DeferredRevenueCurrent 108us-gaap_DeferredRevenueCurrent [1]
Liabilities of discontinued operations 0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 5us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent [1]
Total current liabilities 610us-gaap_LiabilitiesCurrent 368us-gaap_LiabilitiesCurrent [1]
Deferred tax liability 438us-gaap_DeferredTaxLiabilitiesNoncurrent 500us-gaap_DeferredTaxLiabilitiesNoncurrent [1]
Promissory notes payable 317us-gaap_LongTermNotesPayable 509us-gaap_LongTermNotesPayable [1]
Other long-term liabilities 13us-gaap_OtherLiabilitiesNoncurrent 13us-gaap_OtherLiabilitiesNoncurrent [1]
Total liabilities 1,378us-gaap_Liabilities 1,390us-gaap_Liabilities [1]
Commitments and Contingencies (Note 7)       [1]
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; none issued and outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue [1]
Common stock, $0.01 par value; 50,000,000 shares authorized; 2,931,621 and 2,005,187 shares issued and outstanding at December 31, 2014 and March 31, 2014 respectively 29us-gaap_CommonStockValue 20us-gaap_CommonStockValue [1]
Additional paid-in capital 132,720us-gaap_AdditionalPaidInCapital 130,994us-gaap_AdditionalPaidInCapital [1]
Accumulated deficit (131,477)us-gaap_RetainedEarningsAccumulatedDeficit (128,089)us-gaap_RetainedEarningsAccumulatedDeficit [1]
Total stockholders' equity 1,272us-gaap_StockholdersEquity 2,925us-gaap_StockholdersEquity [1]
Total liabilities and stockholders' equity $ 2,650us-gaap_LiabilitiesAndStockholdersEquity $ 4,315us-gaap_LiabilitiesAndStockholdersEquity [1]
[1] Derived from the Company's audited consolidated financial statements.