11. ACQUISITION (Tables)

12 Months Ended

Mar. 31, 2016

Acquisition

Schedule of fair value allocated to tangible and identifiable intangible assets and goodwill

Cash and cash equivalents	$	1
Other receivables		54
Property and equipment, net		10
Intangible assets		3,500
Goodwill		8,030
Total assets acquired		11,595
Accrued expenses		(10)
Net deferred tax liability		(821)
Total liabilities assumed		(831)
Fair value of net assets acquired	$	10,764

Schedule of components of identifiable assets acquired

	Fair Value		Useful Life
	(in thousands)		(in years)
Patents	$	3,500	15
Total acquired identifiable intangible assets	$	3,500

Schedule of pro forma financial information

	Year Ended March 31,
	2016		2015
Pro forma net revenues	$	52,736	$	54,134
Pro forma net loss	$	(2,575)	$	(5,810)
Pro forma net loss per share, basic and diluted	$	(0.11)	$	(0.23)